DTE or NEE: Which Is the Better Value Stock Right Now?
NextEra Energy(NEE) ZACKS·2024-06-04 00:46
DTE currently has a forward P/E ratio of 17.40, while NEE has a forward P/E of 23.55. We also note that DTE has a PEG ratio of 2.12. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. NEE currently has a PEG ratio of 2.93. Another notable valuation metric for DTE is its P/B ratio of 2.16. The P/B is a method of comparing a stock's market value to its book value, which is defined as to ...