Valuation Shell plc

Equities

Real-time Estimate Cboe Europe Other stock markets 18:19:04 08/05/2026 +04			5-day change	1st Jan Change
3,106.00 ^GBX	-0.42%		-5.91%	+12.97%

04:52pm	A lot of noise, little impact?
03:37pm	SHELL (NEU) : Goldman Sachs reaffirms its Buy rating	ZD

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	167,813	196,279	213,695	189,552	210,962	238,038	-	-
Change	-	16.96%	8.87%	-11.3%	11.3%	12.83%	-	-
Enterprise Value (EV) ¹	220,368	241,116	257,236	228,361	256,649	281,100	277,703	274,426
Change	-	9.41%	6.69%	-11.23%	12.39%	9.53%	-1.21%	-1.18%
P/E ratio	8.54x	4.91x	11.5x	12.3x	12.3x	8.28x	9.03x	8.51x
PBR	0.98x	1.03x	1.15x	1.06x	1.21x	1.4x	1.24x	1.11x
PEG	-	0x	-0.2x	-1.1x	0.7x	0.1x	-1.09x	1.41x
Capitalization / Revenue	0.64x	0.51x	0.67x	0.67x	0.79x	0.71x	0.8x	0.8x
EV / Revenue	0.84x	0.63x	0.81x	0.8x	0.96x	0.84x	0.93x	0.92x
EV / EBITDA	4.01x	2.86x	3.75x	3.47x	4.57x	4.07x	4.32x	4.35x
EV / EBIT	6.73x	3.85x	6.91x	5.3x	7.56x	6.12x	7.21x	7.4x
EV / FCF	5.46x	5.26x	7.06x	5.78x	9.85x	9.09x	9.4x	9.24x
FCF Yield	18.3%	19%	14.2%	17.3%	10.2%	11%	10.6%	10.8%
Dividend per Share ²	0.8935	0.99	1.294	1.39	1.446	1.525	1.589	1.638
Rate of return	4.07%	3.53%	3.95%	4.48%	3.92%	3.59%	3.74%	3.86%
EPS ²	2.57	5.71	2.85	2.53	3	5.127	4.703	4.987
Distribution rate	34.8%	17.3%	45.4%	54.9%	48.2%	29.7%	33.8%	32.8%
Net sales ¹	261,504	381,314	316,620	284,312	266,886	336,035	298,579	298,769
EBITDA ¹	55,004	84,289	68,538	65,803	56,135	69,026	64,352	63,019
EBIT ¹	32,734	62,621	37,248	43,100	33,968	45,953	38,538	37,089
Net income ¹	20,101	42,309	19,360	16,093	17,838	25,799	24,670	25,180
Net Debt ¹	52,555	44,837	43,541	38,809	45,687	43,062	39,664	36,388
Reference price ²	21.96	28.03	32.75	31.00	36.88	42.46	42.46	42.46
Nbr of stocks (in thousands)	7,640,301	7,003,503	6,524,109	6,115,031	5,720,615	5,606,372	-	-
Announcement Date	03/02/22	02/02/23	01/02/24	30/01/25	05/02/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SHELL PLC	9.15x	0.92x	4.12x	3.55%	238B
ARAMCO	14.17x	3.54x	6.61x	5.11%	1,754B
CHEVRON CORPORATION	13.67x	1.75x	5.71x	3.91%	361B
PETROCHINA COMPANY LIMITED	8.71x	0.64x	4.12x	5.81%	297B
TOTALENERGIES SE	7.49x	1.04x	3.98x	4.58%	189B
PETROBRAS	4.3x	1.62x	3.18x	12.39%	127B
EQUINOR ASA	7.41x	0.8x	1.87x	4.35%	90.89B
ENI S.P.A.	8.96x	0.73x	3.76x	4.89%	77.49B
NC KAZMUNAYGAS	8.36x	1.84x	6.69x	4.78%	39.85B
Average	9.14x	1.43x	4.45x	5.49%	352.73B
Weighted average by Cap.	12.04x	2.47x	5.59x	5.15%