Obermatt

Shell

LSE:SHEL · GB00BP6MXD84
Oil, Gas & Consumable FuelsXX-Large

360

97
EV / EBIT84
Price / Owner Earnings71
Owner Earnings Yield84
Dividend Yield48
Price/Sales63
EV / Gross Profit72
Price/Book55
Return on Capital57
Cash Return on Capital68
Return on Equity43
EBIT Margin39
Gross Profitability49
Cash Conversion54
Accruals78
Owner Earnings Margin58
Sales growth76
Profit Growth98
Long-Term EPS Growth77
Owner Earnings Growth81
Reinvestment58
Price momentum34
Debt load66
Refinancing72
Debt Payback58
Liquidity51
Analyst ratings56
Opinion Changes64
Price Target Upside72
Market mood37
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Shell clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUK
IndustryOil, Gas & Consumable Fuels
SizeXX-Large
TypePublic Company
ExchangeLSE
Founded2002
Employees88,003
Websiteshell.com
ISINGB00BP6MXD84
Last UpdateApr 2, 2026
Themes
Clean EnergyClimateTechBiofuelUtility Scale SolarOnshore and Offshore WindElectric Vehicle Charging InfrastructureHydrogenEnergy StorageSustainable Aviation Fuel (SAF)Carbon Capture, Utilisation & Sequestration (CCUS) or (CCS)CleanTechEnergyOil and GasRenewable Energy

Description

Shell plc (Shell) operates as a global group of energy and petrochemical companies across more than 70 countries. The company’s activities include oil and gas exploration and production, and the marketing of fuels, lubricants, and chemical products.…

Analysis

Bargain bin

Shell plc falls in the bargain bin: the price is low relative to peers, but the business metrics give reason to pause.

The price is attractive. You pay 13.4× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly 1% yearly growth; analysts expect 14%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is sturdy. The company scores 10/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
98
2023202420252026

All-time high

98

Jun 2026

All-time low

40

Dec 2025

Average rank

68

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
63
60
71
68
Price/Earnings
55
56
60
79
Price/Book
55
51
61
50
Dividend Yield
48
45
46
63
Value (overall)
58
55
55
71

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →