Is DTE Energy Co. overvalued or undervalued?

As of 17 October 2025, the valuation grade for DTE Energy Co. has moved from very expensive to expensive. This indicates that the company is currently overvalued. Key valuation ratios include a P/E ratio of 44, a Price to Book Value of 2.33, and an EV to EBIT of 28.12. In comparison, Exelon Corp. has a P/E of 16.40 and an EV to EBITDA of 10.87, while Xcel Energy, Inc. shows a P/E of 20.15 and an EV to EBITDA of 13.25, both highlighting the relative overvaluation of DTE Energy Co.
In terms of stock performance, DTE Energy Co. has returned 10.52% over the past year, which lags behind the S&P 500's return of 14.08%, and significantly underperforms over the longer three and five-year periods, where it returned 32.66% and 39.84%, respectively, compared to the S&P 500's 81.19% and 91.29%. This underperformance reinforces the notion that DTE Energy Co. is overvalued relative to its peers and the broader market.