United Heat Transfer (NSE:UHTL) PE Ratio: 66.10 (As of Jul. 12, 2026) — 220% Above Median


NSE:UHTL United Heat Transfer Ltd NSE:UHTL
28 GF Score
Price ₹107.15
! 2 Warning Signs
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What is United Heat Transfer PE Ratio?

United Heat Transfer NSE:UHTL -1.97% 28 PE Ratio is 66.10 as of Jul. 12, 2026, which is 220% above its 10-year median of 20.63. GuruFocus rates NSE:UHTL with a GF Score™ of 28/100. The stock has 2 warning signs investors should review.

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-12), United Heat Transfer's share price is ₹107.15. United Heat Transfer's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹1.62. Therefore, United Heat Transfer's PE Ratio for today is 66.10.

During the past 4 years, United Heat Transfer's highest PE Ratio was 66.10. The lowest was 13.81. And the median was 20.63.

United Heat Transfer's EPS (Diluted) for the six months ended in Sep. 2025 was ₹0.44. Its EPS (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹1.62.

As of today (2026-07-12), United Heat Transfer's share price is ₹107.15. United Heat Transfer's EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 was ₹1.64. Therefore, United Heat Transfer's PE Ratio without NRI ratio for today is 65.50.

During the past 4 years, United Heat Transfer's highest PE Ratio without NRI was 65.50. The lowest was 13.75. And the median was 21.37.

United Heat Transfer's EPS without NRI for the six months ended in Sep. 2025 was ₹0.44. Its EPS without NRI for the trailing twelve months (TTM) ended in Sep. 2025 was ₹1.64.

During the past 12 months, United Heat Transfer's average EPS without NRI Growth Rate was 1.60% per year. During the past 3 years, the average EPS without NRI Growth Rate was 55.60% per year.

During the past 4 years, United Heat Transfer's highest 3-Year average EPS without NRI Growth Rate was 55.60% per year. The lowest was 55.60% per year. And the median was 55.60% per year.

United Heat Transfer's EPS (Basic) for the six months ended in Sep. 2025 was ₹0.44. Its EPS (Basic) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹1.62.

Back to Basics: PE Ratio


United Heat Transfer  (NSE:UHTL) PE Ratio Explanation

The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.

If a company loses money, the PE Ratio becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.

Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratios are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.

PE Ratio can also be affected by non-recurring-items 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 Heat Transfer PE Ratio Related Terms


United Heat Transfer PE Ratio Historical Data

* Premium members only.

The historical data trend for United Heat Transfer's 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 Heat Transfer PE Ratio Chart

United Heat Transfer Annual Data
Trend Mar22 Mar23 Mar24 Mar25
PE Ratio
N/A N/A N/A 17.85

United Heat Transfer Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
PE Ratio Get a 7-Day Free Trial N/A N/A At Loss 17.85 At Loss

NSE:UHTL vs GEV, ETN, PH: PE Ratio Comparison

For the Specialty Industrial Machinery subindustry, United Heat Transfer's PE Ratio, along with its competitors' market caps and 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 Heat Transfer PE Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, United Heat Transfer's PE Ratio distribution charts can be found below:

* The bar in red indicates where United Heat Transfer's PE Ratio falls into.


NSE:UHTL
28GF Score
United Heat Transfer Ltd NSE:UHTL
PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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United Heat Transfer PE Ratio Calculation

The PE Ratio, or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

United Heat Transfer's PE Ratio for today is calculated as

PE Ratio=Share Price/Earnings per Share (Diluted) (TTM)
=107.15/1.621
=66.1

United Heat Transfer's Share Price of today is ₹107.15.
For company reported semi-annually, United Heat Transfer's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹1.62.


* 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.

It can also be calculated from the numbers for the whole company:


There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio, the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio →
What does a PE Ratio of 66.10 mean?
United Heat Transfer (NSE:UHTL) has a PE Ratio of 66.10 as of Jul. 12, 2026. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on United Heat Transfer and its competitors. This is 220% above median its historical median of 20.63. Over the past decade, United Heat Transfer's PE Ratio has ranged from 13.81 to 66.10.
Is United Heat Transfer's PE Ratio too high?
United Heat Transfer's current PE Ratio of 66.10 is 220% above median its 10-year median of 20.63. Over the past 10 years, this metric has ranged from a low of 13.81 to a high of 66.10. Overall, United Heat Transfer has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does United Heat Transfer's PE Ratio compare to GEV and ETN?
United Heat Transfer's PE Ratio of 66.10 can be compared against companies in the Industrial Products industry. Historically, United Heat Transfer's own PE Ratio has ranged from 13.81 to 66.10 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio for an Industrial Products company?
A good PE Ratio depends on the Industrial Products industry context. However, PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PE Ratio mean?
A high PE Ratio can signal that a stock is expensive relative to its fundamentals. P/E ratio is the ratio of share price to a company's earnings per share. View historical data on United Heat Transfer and its competitors. United Heat Transfer's current PE Ratio is 66.10, which is 220% above median its own 10-year median of 20.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Heat Transfer stock overvalued right now?
United Heat Transfer (NSE:UHTL) has a current PE Ratio of 66.10. The current PE Ratio is 66.10, which is 220% above median its 10-year median of 20.63. United Heat Transfer's overall GF Score™ is 28/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio calculated?
PE Ratio is calculated from a company's financial statements. For United Heat Transfer (NSE:UHTL), the current PE Ratio is 66.10 as of Jul. 12, 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.

United Heat Transfer Business Description

Address Plot No F-131, MIDC Area, Ambad, Nashik, MH, IND, 422010
United Heat Transfer Ltd is engaged in the manufacture of a range of shell and tube heat exchangers, air cooled heat exchangers, pressure vessels and process flow skids equipment's which are used as critical equipment's for petrol and diesel engines, railway engines, maritime engines, cruse and cargo ships, ferries, pleasure boats, marine diesels, mining trucks, megayachts, heavy engines, fishing boats, heavy trucks, freighters, trawlers, heavy haulages, power gen sets, super tankers, off highway engines etc.
28GF Score

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₹107.15
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