Company Valuation: Shell plc

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 1,36,430 1,67,813 1,96,279 2,13,695 1,89,552 2,07,772 2,07,772 -
Change - 23% 16.96% 8.87% -11.3% 9.61% 0% -
Enterprise Value (EV) 1 2,11,816 2,20,368 2,41,116 2,57,236 2,28,361 2,53,100 2,55,707 2,58,210
Change - 4.04% 9.41% 6.69% -11.23% 10.83% 1.03% 0.98%
P/E ratio -6.37x 8.54x 4.91x 11.5x 12.3x 12.3x 11.6x 9.73x
PBR 0.89x 0.98x 1.03x 1.15x 1.06x 1.22x 1.17x 1.11x
PEG - -0x 0x -0.2x -1.1x 0.7x 1.81x 0.5x
Capitalization / Revenue 0.76x 0.64x 0.51x 0.67x 0.67x 0.77x 0.78x 0.73x
EV / Revenue 1.17x 0.84x 0.63x 0.81x 0.8x 0.94x 0.96x 0.9x
EV / EBITDA 7.87x 4.01x 2.86x 3.75x 3.47x 4.52x 4.85x 4.64x
EV / EBIT 19.7x 6.73x 3.85x 6.91x 5.3x 8x 9.06x 8.43x
EV / FCF 10.2x 5.46x 5.26x 7.06x 5.78x 10.2x 10.8x 9.67x
FCF Yield 9.83% 18.3% 19% 14.2% 17.3% 9.82% 9.26% 10.3%
Dividend per Share 2 0.653 0.8935 0.99 1.294 1.39 1.44 1.501 1.574
Rate of return 3.69% 4.07% 3.53% 3.95% 4.48% 3.95% 4.11% 4.31%
EPS 2 -2.78 2.57 5.71 2.85 2.53 2.968 3.158 3.751
Distribution rate -23.5% 34.8% 17.3% 45.4% 54.9% 48.5% 47.5% 42%
Net sales 1 1,80,543 2,61,504 3,81,314 3,16,620 2,84,312 2,69,537 2,65,349 2,85,951
EBITDA 1 26,915 55,004 84,289 68,538 65,803 56,017 52,697 55,665
EBIT 1 10,758 32,734 62,621 37,248 43,100 31,650 28,227 30,634
Net income 1 -21,680 20,101 42,309 19,360 16,093 17,466 16,811 18,754
Net Debt 1 75,386 52,555 44,837 43,541 38,809 45,328 47,935 50,438
Reference price 2 17.72 21.96 28.03 32.75 31.00 36.48 36.48 36.48
Nbr of stocks (in thousands) 77,72,923 76,40,301 70,03,503 65,24,109 61,15,031 56,95,311 56,95,311 -
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.($)
12.29x0.94x4.52x3.95% 21TCr
16.51x3.84x7.42x5.24% 1,62800Cr
24.74x1.99x9.05x4.11% 34TCr
8.82x0.67x4.1x6.04% 25TCr
10.39x0.97x4.55x5.6% 15TCr
4.04x1.65x3.35x9.47% 8.91TCr
11.55x0.72x1.95x5.9% 6.34TCr
12.82x0.81x4.01x6.24% 5.99TCr
Average 12.64x 1.45x 4.87x 5.82% 34.77TCr
Weighted average by Cap. 15.58x 2.76x 6.62x 5.27%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield