Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 8.32.
Forward PE Ratio (8.32) = Close Price ($90.47) / Consensus Forward EPS ($10.81)
FORWARD PE RATIO
8.32
SECTOR MEDIAN · ENERGY
13.41
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-37.96%
vs the sector median at left
Shell plc
Market Cap
$252.24B
Forward PE Ratio
8.32
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Shell plc (SHEL) | $252.24B | 8.32 |
| ConocoPhillips (COP)vs › | $154.46B | 13.20 |
| Chevron Corporation (CVX)vs › | $398.34B | 13.56 |
| Marathon Petroleum Corporation (MPC)vs › | $103.76B | 7.77 |
| Canadian Natural Resources Limited (CNQ)vs › | $100.05B | 11.60 |
| Valero Energy Corporation (VLO)vs › | $98.38B | 9.11 |
| Phillips 66 (PSX)vs › | $93.66B | 10.33 |
| The Williams Companies, Inc. (WMB)vs › | $91.98B | 30.17 |
| Enterprise Products Partners L.P. (EPD)vs › | $84.16B | 13.35 |
| Eni S.p.A. (E)vs › | $80.09B | 10.51 |
Trailing P/E
9.9
reported TTM EPS
Forward P/E
8.3
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $10.81 implies +19.3% EPS growth vs the reported trailing $9.06.
At today's $90.47 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $10.81 | $6.67 – $13.68 | 7 | 8.4x |
| 2027-12-31 | $8.93 | $8.12 – $9.73 | 8 | 10.1x |
| 2028-12-31 | $9.25 | $8.74 – $9.82 | 5 | 9.8x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
