Valuation Shell plc

Equities

Market Closed - London S.E. Other stock markets 11:35:19 2026-04-10 am EDT			5-day change	1st Jan Change
3,420.50 ^GBX	-0.81%		-3.47%	+24.84%

Apr. 10	Shell Confirms Plan to Produce Gas at Venezuela-Trinidad Offshore Field	MT
Apr. 10	FTSE 100 flatlines ahead of Iran-US peace talks	AN

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	259,300	-	-
Change	-	16.96%	8.87%	-11.3%	11.3%	22.91%	-	-
Enterprise Value (EV) ¹	220,368	241,116	257,236	228,361	256,649	304,081	301,940	299,374
Change	-	9.41%	6.69%	-11.23%	12.39%	18.48%	-0.7%	-0.85%
P/E ratio	8.54x	4.91x	11.5x	12.3x	12.3x	10.6x	10.4x	9.93x
PBR	0.98x	1.03x	1.15x	1.06x	1.21x	1.44x	1.34x	1.21x
PEG	-	0x	-0.2x	-1.1x	0.7x	0.2x	5.41x	1.94x
Capitalization / Revenue	0.64x	0.51x	0.67x	0.67x	0.79x	0.83x	0.89x	0.88x
EV / Revenue	0.84x	0.63x	0.81x	0.8x	0.96x	0.98x	1.03x	1.02x
EV / EBITDA	4.01x	2.86x	3.75x	3.47x	4.57x	4.7x	4.93x	5x
EV / EBIT	6.73x	3.85x	6.91x	5.3x	7.56x	7.49x	8.41x	8.44x
EV / FCF	5.46x	5.26x	7.06x	5.78x	9.85x	10.4x	10.6x	9.3x
FCF Yield	18.3%	19%	14.2%	17.3%	10.2%	9.57%	9.45%	10.7%
Dividend per Share ²	0.8935	0.99	1.294	1.39	1.446	1.498	1.57	1.633
Rate of return	4.07%	3.53%	3.95%	4.48%	3.92%	3.25%	3.41%	3.54%
EPS ²	2.57	5.71	2.85	2.53	3	4.333	4.417	4.642
Distribution rate	34.8%	17.3%	45.4%	54.9%	48.2%	34.6%	35.5%	35.2%
Net sales ¹	261,504	381,314	316,620	284,312	266,886	311,720	292,886	293,065
EBITDA ¹	55,004	84,289	68,538	65,803	56,135	64,660	61,305	59,897
EBIT ¹	32,734	62,621	37,248	43,100	33,968	40,589	35,887	35,460
Net income ¹	20,101	42,309	19,360	16,093	17,838	23,028	21,618	23,283
Net Debt ¹	52,555	44,837	43,541	38,809	45,687	44,781	42,640	40,074
Reference price ²	21.96	28.03	32.75	31.00	36.88	46.08	46.08	46.08
Nbr of stocks (in thousands)	7,640,301	7,003,503	6,524,109	6,115,031	5,720,615	5,627,507	-	-
Announcement Date	2/3/22	2/2/23	2/1/24	1/30/25	2/5/26	-	-	-

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	10.63x	0.98x	4.7x	3.25%	259B
ARAMCO	17.15x	3.7x	7.84x	5.04%	1,753B
CHEVRON CORPORATION	20.21x	1.89x	7.53x	3.78%	376B
PETROCHINA COMPANY LIMITED	8.83x	0.68x	4.06x	5.69%	313B
TOTALENERGIES SE	9.91x	1.15x	4.82x	4.37%	197B
PETROBRAS	5.04x	1.78x	3.59x	10.6%	133B
EQUINOR ASA	9.91x	0.92x	2.41x	4.07%	96.35B
ENI S.P.A.	13.81x	0.81x	4.27x	4.65%	82.69B
NC KAZMUNAYGAS	8.49x	1.87x	6.79x	4.71%	39.57B
Average	11.55x	1.53x	5.11x	5.13%	361.16B
Weighted average by Cap.	14.84x	2.57x	6.57x	4.96%