Valuation Shell plc

Equities

Real-time Estimate Cboe Europe Other stock markets 09:23:04 16/03/2026 GMT			5-day change	1st Jan Change
3,409.00 ^GBX	+1.23%		+6.62%	+24.79%

09:01am	FTSE 100 rises as oil majors climb, airlines weigh	AN
05:19am	UK Stocks-Factors to watch on March 16	RE

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	252,057	-	-
Change	-	16.96%	8.87%	-11.3%	11.3%	19.48%	-	-
Enterprise Value (EV) ¹	220,368	241,116	257,236	228,361	256,649	300,527	301,796	302,410
Change	-	9.41%	6.69%	-11.23%	12.39%	17.1%	0.42%	0.2%
P/E ratio	8.54x	4.91x	11.5x	12.3x	12.3x	13.2x	12x	10.4x
PBR	0.98x	1.03x	1.15x	1.06x	1.21x	1.44x	1.36x	1.23x
PEG	-	0x	-0.2x	-1.1x	0.7x	1x	1.2x	0.7x
Capitalization / Revenue	0.64x	0.51x	0.67x	0.67x	0.79x	0.98x	0.9x	0.9x
EV / Revenue	0.84x	0.63x	0.81x	0.8x	0.96x	1.16x	1.08x	1.08x
EV / EBITDA	4.01x	2.86x	3.75x	3.47x	4.57x	5.33x	5.34x	5.09x
EV / EBIT	6.73x	3.85x	6.91x	5.3x	7.56x	10.2x	9.87x	8.72x
EV / FCF	5.46x	5.26x	7.06x	5.78x	9.85x	13x	11.9x	9.48x
FCF Yield	18.3%	19%	14.2%	17.3%	10.2%	7.7%	8.42%	10.5%
Dividend per Share ²	0.8935	0.99	1.294	1.39	1.446	1.495	1.56	1.63
Rate of return	4.07%	3.53%	3.95%	4.48%	3.92%	3.35%	3.5%	3.66%
EPS ²	2.57	5.71	2.85	2.53	3	3.385	3.73	4.286
Distribution rate	34.8%	17.3%	45.4%	54.9%	48.2%	44.2%	41.8%	38%
Net sales ¹	261,504	381,314	316,620	284,312	266,886	258,213	279,588	280,732
EBITDA ¹	55,004	84,289	68,538	65,803	56,135	56,381	56,499	59,431
EBIT ¹	32,734	62,621	37,248	43,100	33,968	29,598	30,586	34,698
Net income ¹	20,101	42,309	19,360	16,093	17,838	17,894	18,503	21,450
Net Debt ¹	52,555	44,837	43,541	38,809	45,687	48,470	49,738	50,352
Reference price ²	21.96	28.03	32.75	31.00	36.88	44.58	44.58	44.58
Nbr of stocks (in thousands)	7,640,301	7,003,503	6,524,109	6,115,031	5,720,615	5,654,468	-	-
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	13.17x	1.16x	5.33x	3.35%	252B
ARAMCO	15.97x	4.01x	7.62x	5.1%	1,747B
CHEVRON CORPORATION	29.78x	2.3x	9.48x	3.62%	393B
PETROCHINA COMPANY LIMITED	11.15x	0.77x	4.69x	4.84%	312B
TOTALENERGIES SE	12.53x	1.13x	5.29x	4.61%	177B
PETROBRAS	5.23x	1.96x	4.01x	8.28%	115B
EQUINOR ASA	15.76x	0.94x	2.56x	4.3%	86.51B
ENI S.P.A	16.87x	1.01x	4.94x	4.69%	75.2B
CENOVUS ENERGY INC.	21.54x	1.46x	6.72x	2.58%	43.42B
Average	15.78x	1.64x	5.63x	4.6%	355.66B
Weighted average by Cap.	16.49x	2.84x	6.91x	4.78%