Shell

Shell EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Shell (SHEL.L) as of Oct 10, 2026 is 7.04. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 7.36 — a change of -4.36% (lower).

EV/EBIT

7.04

YoY

-4.36%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Shell is 2025 7.04 . EV/EBIT (Enterprise Value to EBIT) of Shell was 2024 7.36 . It decreases by -4.36% lower compared to the previous year.

The Shell EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2019
8.35 USD
Jan 1, 2020
-9.29 USD
Jan 1, 2021
8.81 USD
Jan 1, 2022
3.35 USD
Jan 1, 2023
6.82 USD
Jan 1, 2024
7.36 USD
Jan 1, 2025
7.04 USD
Jan 1, 2026 (e)
4.95 USD
The Shell EV/EBIT history
YEAREV/EBITYoY
est4.95-29.66%
7.04-4.36%
7.36+7.95%
6.82+103.53%
3.35-62.00%
8.81-194.85%
-9.29-211.28%
8.35+28.24%
6.51-36.26%
10.22-44.93%
18.55-127.41%
-67.67-709.60%
11.10+69.47%
6.55+42.70%
4.59+1.77%
4.51-45.20%
8.23-6.69%
8.82+126.74%
3.89-25.62%
5.23+9.19%
4.79—
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Shell Valuation

Details

Historical Valuation Multiples

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Price-to-Earnings Ratio (P/E)

The P/E ratio divides Shell's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Shell's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Shell's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Shell grows earnings faster than its peers.

Shell Stock analysis

What does Shell do? Shell is a multinational energy and chemicals company headquartered in the Netherlands and the United Kingdom. Founded in 1907, Shell began as a trading company before evolving into a leading global energy firm. Its origins date back to the 1860s, when two rival oil companies, Shell Transport and Trading Company and Royal Dutch Petroleum Company, merged to better compete in the market. Shell operates multiple business divisions worldwide, including oil exploration and production, liquefied natural gas (LNG), petroleum product manufacturing and sales, and new energy projects. These divisions allow Shell to engage across the entire energy value chain, offering customers a diverse range of energy products and solutions. The oil exploration and production division is one of Shell’s most critical segments. The company searches for and develops oil and gas resources globally, with projects spanning numerous countries across different continents. Through technological innovation and optimized production processes, Shell aims to increase output while ensuring sustainable development. Liquefied natural gas (LNG) represents another key business area for Shell. As a leading global LNG supplier, Shell converts natural gas into liquid form to facilitate long-distance transportation and storage. The company owns various LNG projects and facilities, including shipping infrastructure and storage tanks. Shell’s LNG operations help meet national energy demands and support the growth of the global natural gas market. Beyond traditional oil and gas, Shell focuses on developing and promoting new energy initiatives. These include renewable energy, low-carbon technologies, and electric vehicle charging infrastructure. Recognizing the importance of clean energy, Shell is committed to reducing reliance on fossil fuels through sustainable practices. The company has steadily increased its investment in renewables and conducts research and development to drive innovation in low-carbon technologies. As a global energy provider, Shell offers a wide array of products and services tailored to diverse customer needs. Its portfolio includes gasoline, diesel, lubricants, liquefied petroleum gas (LPG), and other chemical products. Shell also operates an extensive network of retail gas stations, providing convenient refueling services. Additionally, it delivers industrial energy solutions, such as energy consulting, engineering, and technical support. Shell is dedicated to sustainable development and social responsibility, striving to make positive contributions economically, environmentally, and socially. The company adheres to strict environmental and social standards, aiming to reduce carbon emissions, protect ecosystems, and enhance local community well-being. Furthermore, Shell actively engages in charitable and community initiatives, supporting various educational and skills training programs. In summary, Shell is a globally recognized energy and chemicals company with a rich history, encompassing multiple business segments including oil exploration and production, LNG, petroleum product manufacturing and sales, and new energy projects. By delivering a variety of energy products and solutions, Shell meets customer needs worldwide and plays a vital role in advancing sustainability. The company places high value on environmental and social responsibility, remaining committed to improving sustainability within the global energy sector. Shell is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shell stock

EV/EBIT (Enterprise Value to EBIT) of Shell is 7.04 in 2025.

EV/EBIT (Enterprise Value to EBIT) of Shell changed from 7.36 to 7.04, representing a -4.36% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Shell since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Shell with sector peers and the industry average to assess whether it is attractive.

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Valuation — Shell

All Key Metrics — Shell