DTE Ptb Ratio from 2010 to 2024

DTW Stock  USD 23.03  0.18  0.79%   
DTE Energy PTB Ratio yearly trend continues to be fairly stable with very little volatility. PTB Ratio will likely drop to 0.33 in 2024. PTB Ratio is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on DTE Energy's equity relative to its net asset value. View All Fundamentals
 
PTB Ratio  
First Reported
2010-12-31
Previous Quarter
0.45618281
Current Value
0.33
Quarterly Volatility
0.10573517
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check DTE Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DTE Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 597.5 M or Total Revenue of 11.4 B, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.088 or PTB Ratio of 0.33. DTE financial statements analysis is a perfect complement when working with DTE Energy Valuation or Volatility modules.
  
Check out the analysis of DTE Energy Correlation against competitors.
For more information on how to buy DTE Stock please use our How to Invest in DTE Energy guide.

Latest DTE Energy's Ptb Ratio Growth Pattern

Below is the plot of the Ptb Ratio of DTE Energy Co over the last few years. It is price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value. DTE Energy's PTB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DTE Energy's overall financial position and show how it may be relating to other accounts over time.
Ptb Ratio10 Years Trend
Pretty Stable
   Ptb Ratio   
       Timeline  

DTE Ptb Ratio Regression Statistics

Arithmetic Mean0.47
Geometric Mean0.45
Coefficient Of Variation22.74
Mean Deviation0.08
Median0.48
Standard Deviation0.11
Sample Variance0.01
Range0.3908
R-Value(0.23)
Mean Square Error0.01
R-Squared0.06
Significance0.40
Slope(0.01)
Total Sum of Squares0.16

DTE Ptb Ratio History

2024 0.33
2023 0.46
2022 0.4
2021 0.57
2019 0.42
2018 0.39
2017 0.48

About DTE Energy Financial Statements

DTE Energy investors use historical fundamental indicators, such as DTE Energy's Ptb Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in DTE Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
PTB Ratio 0.46  0.33 

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Additional Tools for DTE Stock Analysis

When running DTE Energy's price analysis, check to measure DTE Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy DTE Energy is operating at the current time. Most of DTE Energy's value examination focuses on studying past and present price action to predict the probability of DTE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move DTE Energy's price. Additionally, you may evaluate how the addition of DTE Energy to your portfolios can decrease your overall portfolio volatility.