Valuation Shell plc

Equities

Market Closed - London S.E. Other stock markets 16:35:28 09/12/2025 GMT			5-day change	1st Jan Change
2,734.50 ^GBX	-0.56%		-1.94%	+10.44%

05:40pm	Trinidad awaits field plan to green-light Shell's Aphrodite gas project	RE
05:33pm	Shell in advanced talks to buy LLOG Exploration for more than $3 billion, sources say	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	136,430	167,813	196,279	213,695	189,552	210,246	-	-
Change	-	23%	16.96%	8.87%	-11.3%	10.92%	-	-
Enterprise Value (EV) ¹	211,816	220,368	241,116	257,236	228,361	253,286	256,026	258,600
Change	-	4.04%	9.41%	6.69%	-11.23%	10.91%	1.08%	1.01%
P/E ratio	-6.37x	8.54x	4.91x	11.5x	12.3x	11.8x	11.2x	9.44x
PBR	0.89x	0.98x	1.03x	1.15x	1.06x	1.22x	1.17x	1.1x
PEG	-	-0x	0x	-0.2x	-1.1x	0.5x	1.95x	0.5x
Capitalization / Revenue	0.76x	0.64x	0.51x	0.67x	0.67x	0.78x	0.78x	0.73x
EV / Revenue	1.17x	0.84x	0.63x	0.81x	0.8x	0.95x	0.95x	0.9x
EV / EBITDA	7.87x	4.01x	2.86x	3.75x	3.47x	4.47x	4.74x	4.62x
EV / EBIT	19.7x	6.73x	3.85x	6.91x	5.3x	7.77x	8.48x	8.11x
EV / FCF	10.2x	5.46x	5.26x	7.06x	5.78x	9.86x	10.5x	9.73x
FCF Yield	9.83%	18.3%	19%	14.2%	17.3%	10.1%	9.57%	10.3%
Dividend per Share ²	0.653	0.8935	0.99	1.294	1.39	1.441	1.502	1.575
Rate of return	3.69%	4.07%	3.53%	3.95%	4.48%	3.93%	4.1%	4.3%
EPS ²	-2.78	2.57	5.71	2.85	2.53	3.097	3.275	3.876
Distribution rate	-23.5%	34.8%	17.3%	45.4%	54.9%	46.5%	45.9%	40.6%
Net sales ¹	180,543	261,504	381,314	316,620	284,312	267,900	269,520	287,507
EBITDA ¹	26,915	55,004	84,289	68,538	65,803	56,699	54,065	56,011
EBIT ¹	10,758	32,734	62,621	37,248	43,100	32,604	30,183	31,880
Net income ¹	-21,680	20,101	42,309	19,360	16,093	18,021	17,243	18,974
Net Debt ¹	75,386	52,555	44,837	43,541	38,809	43,040	45,780	48,354
Reference price ²	17.72	21.96	28.03	32.75	31.00	36.61	36.61	36.61
Nbr of stocks (in thousands)	7,772,923	7,640,301	7,003,503	6,524,109	6,115,031	5,743,008	-	-
Announcement Date	04/02/21	03/02/22	02/02/23	01/02/24	30/01/25	-	-	-

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	11.82x	0.95x	4.47x	3.94%	210B
ARAMCO	15.9x	3.71x	7.14x	5.43%	1,567B
CHEVRON CORPORATION	21.94x	1.81x	8.1x	4.61%	299B
PETROCHINA COMPANY LIMITED	9.21x	0.63x	3.83x	5.78%	249B
TOTALENERGIES SE	10.05x	0.96x	4.4x	5.81%	141B
PETROBRAS	3.7x	1.54x	3.18x	11.16%	77.21B
EQUINOR ASA	9.93x	0.66x	1.78x	6.46%	58.13B
ENI S.P.A	12.25x	0.78x	3.81x	6.52%	56.61B
SUNCOR ENERGY INC.	13.01x	1.62x	5.18x	3.78%	53.17B
Average	11.98x	1.41x	4.66x	5.94%	301.38B
Weighted average by Cap.	14.72x	2.63x	6.25x	5.45%