Company Valuation: Shell plc

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 136,430 167,813 196,279 213,695 189,552 213,036 - -
Change - 23% 16.96% 8.87% -11.3% 12.39% - -
Enterprise Value (EV) 1 211,816 220,368 241,116 257,236 228,361 255,328 256,637 256,526
Change - 4.04% 9.41% 6.69% -11.23% 11.81% 0.51% -0.04%
P/E ratio -6.37x 8.54x 4.91x 11.5x 12.3x 11.3x 9.77x 8.34x
PBR 0.89x 0.98x 1.03x 1.15x 1.06x 1.19x 1.12x 1.05x
PEG - -0x 0x -0.2x -1.1x 0.4x 0.6x 0.5x
Capitalization / Revenue 0.76x 0.64x 0.51x 0.67x 0.67x 0.8x 0.79x 0.76x
EV / Revenue 1.17x 0.84x 0.63x 0.81x 0.8x 0.95x 0.96x 0.91x
EV / EBITDA 7.87x 4.01x 2.86x 3.75x 3.47x 4.67x 4.69x 4.42x
EV / EBIT 19.7x 6.73x 3.85x 6.91x 5.3x 7.84x 8.1x 7.54x
EV / FCF 10.2x 5.46x 5.26x 7.06x 5.78x 10.7x 10.7x 10.3x
FCF Yield 9.83% 18.3% 19% 14.2% 17.3% 9.38% 9.34% 9.67%
Dividend per Share 2 0.653 0.8935 0.99 1.294 1.39 1.448 1.512 1.585
Rate of return 3.69% 4.07% 3.53% 3.95% 4.48% 4.03% 4.21% 4.41%
EPS 2 -2.78 2.57 5.71 2.85 2.53 3.176 3.679 4.31
Distribution rate -23.5% 34.8% 17.3% 45.4% 54.9% 45.6% 41.1% 36.8%
Net sales 1 180,543 261,504 381,314 316,620 284,312 267,967 268,257 281,433
EBITDA 1 26,915 55,004 84,289 68,538 65,803 54,712 54,774 58,079
EBIT 1 10,758 32,734 62,621 37,248 43,100 32,550 31,672 34,018
Net income 1 -21,680 20,101 42,309 19,360 16,093 17,834 19,215 21,101
Net Debt 1 75,386 52,555 44,837 43,541 38,809 42,292 43,601 43,490
Reference price 2 17.72 21.96 28.03 32.75 31.00 35.95 35.95 35.95
Nbr of stocks (in thousands) 7,772,923 7,640,301 7,003,503 6,524,109 6,115,031 5,926,282 - -
Announcement Date 04/02/21 03/02/22 02/02/23 01/02/24 30/01/25 - - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.32x0.95x4.67x4.03% 213B
16.34x3.95x7.44x5.29% 1,610B
18.03x1.58x7.4x4.6% 260B
7.88x0.6x3.67x6.56% 226B
9.24x0.94x4.5x5.78% 142B
4.19x1.65x3.33x11.99% 81.49B
8.89x0.85x2.23x5.31% 75.83B
13.53x1.66x5.5x4.1% 50.55B
11.07x0.69x3.55x7.42% 47.88B
Average 11.17x 1.43x 4.70x 6.12% 300.74B
Weighted average by Cap. 14.31x 2.79x 6.37x 5.47%
See all sector valuations

Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield