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Shell (MEX:SHEL N) Cyclically Adjusted PS Ratio : 0.75 (As of Jul. 17, 2025)


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What is Shell Cyclically Adjusted PS Ratio?

As of today (2025-07-17), Shell's current share price is MXN674.00. Shell's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN897.74. Shell's Cyclically Adjusted PS Ratio for today is 0.75.

The historical rank and industry rank for Shell's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:SHEL N' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.57   Max: 0.8
Current: 0.72

During the past years, Shell's highest Cyclically Adjusted PS Ratio was 0.80. The lowest was 0.24. And the median was 0.57.

MEX:SHEL N's Cyclically Adjusted PS Ratio is ranked better than
55.49% of 710 companies
in the Oil & Gas industry
Industry Median: 0.895 vs MEX:SHEL N: 0.72

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Shell's adjusted revenue per share data for the three months ended in Mar. 2025 was MXN232.663. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN897.74 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shell Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shell's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shell Cyclically Adjusted PS Ratio Chart

Shell Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.45 0.62 0.70 0.68

Shell Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.77 0.67 0.68 0.78

Competitive Comparison of Shell's Cyclically Adjusted PS Ratio

For the Oil & Gas Integrated subindustry, Shell's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shell's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shell's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Shell's Cyclically Adjusted PS Ratio falls into.


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Shell Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Shell's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=674.00/897.74
=0.75

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shell's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Shell's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=232.663/136.1000*136.1000
=232.663

Current CPI (Mar. 2025) = 136.1000.

Shell Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 177.948 100.100 241.945
201509 181.493 100.200 246.519
201512 155.830 100.400 211.240
201603 115.596 100.400 156.699
201606 134.143 101.000 180.761
201609 147.514 101.500 197.800
201612 163.438 102.200 217.651
201703 164.400 102.700 217.866
201706 157.235 103.500 206.760
201709 165.307 104.300 215.707
201712 200.793 105.000 260.266
201803 193.524 105.100 250.605
201806 227.004 105.900 291.740
201809 224.267 106.600 286.330
201812 242.146 107.100 307.713
201903 197.826 107.000 251.627
201906 213.308 107.900 269.057
201909 211.897 108.400 266.044
201912 198.977 108.500 249.592
202003 179.999 108.600 225.579
202006 96.313 108.800 120.480
202009 124.299 109.200 154.918
202012 112.411 109.400 139.846
202103 145.276 109.700 180.238
202106 153.730 111.400 187.816
202109 158.829 112.400 192.319
202112 225.923 114.700 268.074
202203 218.830 116.500 255.646
202206 267.738 120.500 302.400
202209 262.350 122.300 291.953
202212 277.221 125.300 301.116
202303 224.493 126.800 240.958
202306 186.536 129.400 196.194
202309 197.416 130.100 206.521
202312 201.598 130.500 210.249
202403 184.934 131.600 191.258
202406 197.197 133.000 201.793
202409 221.450 133.500 225.763
202412 222.498 135.100 224.145
202503 232.663 136.100 232.663

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Shell  (MEX:SHEL N) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Shell Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Shell's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Shell Business Description

Industry
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Address
Shell Centre, London, GBR, SE1 7NA
Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day. At end-2023, reserves stood at 9.6 billion barrels of oil equivalent, 49% of which, consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with capacity of 1.6 mmb/d located in the Americas, Asia, Africa, and Europe and sells about 12 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in Central Europe, China, Singapore, and North America.

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