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United Breweries (NSE:UBL) 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 .
United Breweries Forward PE Ratio Related Terms
United Breweries Forward PE Ratio Historical Data
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The historical data trend for United Breweries'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.
United Breweries Forward PE Ratio Chart
United Breweries Annual Data
Trend
2022-03
2023-03
2025-03
2026-03
Forward PE Ratio
48.54
44.44
65.81
58.69
United Breweries Quarterly Data
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
98.04
117.65
54.05
48.54
54.05
61.73
52.91
44.44
47.17
48.54
46.51
63.83
65.81
68.59
74.18
54.73
58.69
63.66
NSE:UBL vs STZ, TAP: Forward PE Ratio Comparison
For the Beverages - Brewers subindustry, United Breweries'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.
United Breweries Forward PE Ratio vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, United Breweries's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where United Breweries's Forward PE Ratio falls into.
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.
United Breweries (NSE:UBL) has a Forward PE Ratio of 71.78 as of Aug. 17, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on United Breweries and its competitors. According to the industry distribution chart, United Breweries ranks #103 out of 108 companies in the Beverages - Alcoholic industry, placing it in the top 95.4%.
Is United Breweries' Forward PE Ratio too high?
United Breweries' current Forward PE Ratio is 71.78. The Beverages - Alcoholic industry median Forward PE Ratio is 15.62. United Breweries' value of 71.78 is 359.5% above this industry median. Based on the distribution chart, United Breweries ranks #103 out of 108 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, United Breweries has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Breweries' Forward PE Ratio compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, United Breweries ranks #103 out of 108 companies for Forward PE Ratio. This places United Breweries in the lower half of its industry. The industry median Forward PE Ratio is 15.62. United Breweries' value of 71.78 is 359.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Beverages - Alcoholic company?
The median Forward PE Ratio among Beverages - Alcoholic companies is 15.62, based on 108 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. United Breweries's current Forward PE Ratio of 71.78 is 359.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on United Breweries and its competitors. For the Beverages - Alcoholic industry, the median Forward PE Ratio is 15.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Breweries's current Forward PE Ratio is 71.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Breweries stock overvalued right now?
Based on GuruFocus' analysis, United Breweries (NSE:UBL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,175.68, compared to a current price of ₹1,376.60 — trading 36.7% below its estimated fair value. The current Forward PE Ratio is 71.78 and 359.5% above the Beverages - Alcoholic industry median of 15.62. United Breweries' overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For United Breweries (NSE:UBL), the current Forward PE Ratio is 71.78 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is United Breweries (NSE:UBL) Overvalued in 2026?
Based on GuruFocus' analysis, United Breweries stock appears to be undervalued.
The current stock price of ₹1,376.60 is trading 36.7% below its estimated GF Value™ of ₹2,175.68.
GuruFocus considers United Breweries to be Significantly Undervalued.
Key valuation signals for NSE:UBL:
Forward PE Ratio: 71.78
GF Value™: ₹2,175.68 vs. price of ₹1,376.60 (36.7% below fair value)
Industry Position: 359.5% above the Beverages - Alcoholic median (#103 of 108)
No single metric tells the full story. See the NSE:UBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Breweries Ltd brews and sells beer and flavored malt beverages in India. The company has dozens of production facilities in India, and it licenses its brands to be manufactured in the United Kingdom, Australia, and New Zealand. The company's flagship brand is Kingfisher, which is prominent in India and is sold in dozens of countries around the world. It has two segments Beer and Non-alcoholic beverages. It derives the majority of its revenue from the Beer segment. The company's other brands include Bullet, Cannon 10000, Kalyani, UB Export, Zingaro, London Pilsner, and Heineken among others. Geographically, it derives key revenue from its business in India and the rest from other regions.
77GF Score
Get the complete analysis for NSE:UBL
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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