Union Bank of India

NSEI:UNIONBANK Stock Report

Market Cap: ₹879.5b

Union Bank of India Valuation

Is UNIONBANK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of UNIONBANK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: UNIONBANK (₹115.22) is trading below our estimate of fair value (₹166.8)

Significantly Below Fair Value: UNIONBANK is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for UNIONBANK?

Key metric: As UNIONBANK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for UNIONBANK. This is calculated by dividing UNIONBANK's market cap by their current earnings.
What is UNIONBANK's PE Ratio?
PE Ratio5.7x
Earnings₹153.46b
Market Cap₹879.54b

Price to Earnings Ratio vs Peers

How does UNIONBANK's PE Ratio compare to its peers?

The above table shows the PE ratio for UNIONBANK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.6x
IDBI IDBI Bank
12.1xn/a₹817.8b
IOB Indian Overseas Bank
31.8xn/a₹941.5b
CANBK Canara Bank
5.4x6.3%₹856.8b
INDUSINDBK IndusInd Bank
9.4x16.7%₹764.6b
UNIONBANK Union Bank of India
5.7x5.0%₹879.5b

Price-To-Earnings vs Peers: UNIONBANK is good value based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (14.6x).

Price to Earnings Ratio vs Industry

How does UNIONBANK's PE Ratio compare vs other companies in the IN Banks Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
UNIONBANK 5.7xIndustry Avg. 9.7xNo. of Companies9PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: UNIONBANK is good value based on its Price-To-Earnings Ratio (5.7x) compared to the Indian Banks industry average (9.7x).

Price to Earnings Ratio vs Fair Ratio

What is UNIONBANK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

UNIONBANK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.7x
Fair PE Ratio9.6x

Price-To-Earnings vs Fair Ratio: UNIONBANK is good value based on its Price-To-Earnings Ratio (5.7x) compared to the estimated Fair Price-To-Earnings Ratio (9.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst UNIONBANK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹115.22
₹145.11
+25.9%
11.5%₹170.00₹120.00n/a9
Nov ’25₹117.85
₹145.11
+23.1%
11.5%₹170.00₹120.00n/a9
Oct ’25₹121.86
₹159.00
+30.5%
9.6%₹180.00₹130.00n/a10
Sep ’25₹121.54
₹159.10
+30.9%
9.6%₹180.00₹130.00n/a10
Aug ’25₹135.26
₹161.10
+19.1%
7.6%₹180.00₹144.00n/a10
Jul ’25₹135.40
₹165.30
+22.1%
6.4%₹180.00₹150.00n/a10
Jun ’25₹160.15
₹164.80
+2.9%
6.2%₹180.00₹150.00n/a10
May ’25₹154.20
₹164.80
+6.9%
8.2%₹180.00₹135.00n/a10
Apr ’25₹156.75
₹163.30
+4.2%
8.3%₹180.00₹135.00n/a10
Mar ’25₹146.70
₹159.75
+8.9%
7.8%₹175.00₹135.00n/a8
Feb ’25₹144.60
₹157.25
+8.7%
7.7%₹171.00₹135.00n/a8
Jan ’25₹120.75
₹127.38
+5.5%
11.5%₹150.00₹105.00n/a8
Dec ’24₹108.80
₹123.63
+13.6%
7.9%₹140.00₹105.00n/a8
Nov ’24₹103.25
₹121.75
+17.9%
6.2%₹130.00₹105.00₹117.858
Oct ’24₹106.30
₹107.50
+1.1%
13.5%₹124.00₹82.00₹121.866
Sep ’24₹86.10
₹100.00
+16.1%
9.3%₹110.00₹82.00₹121.546
Aug ’24₹89.75
₹100.00
+11.4%
9.3%₹110.00₹82.00₹135.266
Jul ’24₹72.25
₹87.40
+21.0%
7.3%₹95.00₹80.00₹135.405
Jun ’24₹72.30
₹88.75
+22.8%
7.3%₹95.00₹80.00₹160.154
May ’24₹75.85
₹75.75
-0.1%
33.6%₹100.00₹33.00₹154.204
Apr ’24₹66.55
₹69.60
+4.6%
37.2%₹100.00₹33.00₹156.755
Mar ’24₹67.30
₹70.60
+4.9%
37.6%₹100.00₹33.00₹146.705
Feb ’24₹73.95
₹70.60
-4.5%
37.6%₹100.00₹33.00₹144.605
Jan ’24₹80.40
₹55.60
-30.8%
32.2%₹85.00₹33.00₹120.755
Dec ’23₹81.50
₹55.60
-31.8%
32.2%₹85.00₹33.00₹108.805
Nov ’23₹52.60
₹49.60
-5.7%
21.4%₹65.00₹33.00₹103.255

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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