This article presents a method for realising absolute phase and ac resistance for current shunts using only impedance ratio measurements. The method is based on three geometrically identical current shunts with different resistances, but with the same inductance, capacitance and ac resistance (change of resistance at ac compared to dc), We demonstrate how the inductance, capacitance and ac resistance can be calculated from the complex impedance ratio measurements, thereby realising absolute current shunt impedance. This method simplifies the procedure of current shunt calibration, since the same impedance ratio setup which is used to compare a shunt to a reference shunt, is used to realise the impedance of the starting reference shunt.