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Shell (RYDAF) Forward PE Ratio : 8.17 (As of Dec. 12, 2024)


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What is Shell Forward PE Ratio?

Shell's Forward PE Ratio for today is 8.17.

Shell's PE Ratio without NRI for today is 15.17.

Shell's PE Ratio (TTM) for today is 13.12.


Shell Forward PE Ratio Historical Data

The historical data trend for Shell's Forward PE 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.

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Shell Forward PE Ratio Chart

Shell Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-12
Forward PE Ratio
10.80 14.37 16.56 8.57 11.74 13.76 6.96 5.38 7.41 7.90

Shell Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03 2024-06 2024-09 2024-12
Forward PE Ratio 10.80 10.81 19.84 13.37 14.37 14.29 14.97 16.42 16.56 13.77 12.17 9.30 8.57 11.24 12.14 9.74 11.74 13.97 32.89 11.72 13.76 12.21 10.20 7.52 6.96 7.98 5.21 4.59 5.38 5.37 6.17 7.97 7.41 8.12 8.00 7.69 7.90

Competitive Comparison of Shell's Forward PE Ratio

For the Oil & Gas Integrated subindustry, Shell's Forward PE Ratio, along with its competitors' market caps and Forward PE 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 Forward PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Shell's Forward PE Ratio falls into.



Shell Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Shell  (OTCPK:RYDAF) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Shell Forward PE Ratio Related Terms

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Shell Business Description

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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