(eli5) Why do some of the world’s largest Oil producers (Exxon, Shell, BP) have such a low stock price compared to Big Tech (Amazon, Google, Apple) despite having similar or better revenue?

Question

Pretty much just this question. Why does Shell have a low stock price compared to Apple despite having more revenue?

In: Economics

Answer 1

Stock price depends on number of shares issued to determine the value of the company. A company with few shares will likely have a high stock price, but may still be of lower value.