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Friday 6 November 2026 Export SHEL’s income statement to Excel — free account

Shell PLC Unsponsored ADR

SHEL Energy Oil & Gas Integrated

Shell PLC Unsponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $273.7 billion, down 5.29% from fiscal 2024.

Revenue
+35.4%
EPS
+137.7%
Free cash flow
+89.6%
Total debt
+2.84%

Quarter to September 2026, against a year earlier

100.32 1.54 −1.51%
Market cap
$284.5B
P/E
8.6×
Fwd P/E
—
Dividend yield
—
F-score
6/9
Altman Z
2.37
Beneish M
−2.79
Dividend safety
61/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Shell PLC Unsponsored ADR (SHEL) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Shell PLC Unsponsored ADR (SHEL) trades at a P/B ratio of 1.4×. Over the past ten years it has ranged from 0.5× (March 2020) to 1.6× (March 2026); the current reading is higher than 94% of that period. That is in line with the Oil & Gas Integrated industry median of 1.4× and in line with the Energy sector median of 1.4×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.2× 12.71%
FY2024 1.1× (7.03%)
FY2023 1.2× 10.33%
FY2022 1.1× 11.15%
FY2021 1.0× 11.19%
FY2020 0.9× (30.75%)
FY2019 1.2× 4.72%
FY2018 1.2× (15.75%)
FY2017 1.4× 23.26%
FY2016 1.1× 30.13%

Quarterly newest first

Period P/B ratio Change
Sep 2026 1.3× 12.44%
Jun 2026 1.2× (20.99%)
Mar 2026 1.5× 21.97%
Dec 2025 1.2× 3.31%
43 more quarters

Against its own ten years

Low 0.5× High 1.6×
Ten-year median 1.1×
Current reading's percentile 93

P/B ratio against peers

Company P/B ratio
E Eni SpA compare 1.2×
PBR Petroleo Brasileiro S.A.- Petrobras compare 1.3×
SHEL Shell PLC Unsponsored ADR 1.4×
TTE TotalEnergies SE Sponsored ADR compare 1.5×
BP BP p.l.c. compare 1.5×
CVE Cenovus Energy Inc compare 2.1×
CVX Chevron Corporation compare 2.1×
EQNR Equinor ASA compare 2.2×
XOM ExxonMobil Holdings Corporation compare 2.5×
Oil & Gas Integrated industry median 1.4×
Energy sector median 1.4×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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