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UNION BANK OF INDIA
PE (Price/Earnings) Ratio

The Current P/E Ratio of UNION BANK OF INDIA is 5.80.

Share Price ₹115.9Nov 04,2024
Market Cap ₹88,473.4 Cr
Earnings-TTM₹15,243.0 CrTTM-Consolidated Results
Price/Earnings5.80xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of UNION BANK OF INDIA

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of UNION BANK OF INDIA is calculated as :

Current Market Cap [ ₹88,473.4 Cr] as on Nov 04,2024

(/) Earnings [ ₹15,243.0 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 5.80x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for UNION BANK OF INDIA, the investors are currently willing to pay 5.80 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of UNION BANK OF INDIA!

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of UNION BANK OF INDIA over the last five years.

Historical PE (Price/Earnings) ratio chart of UNION BANK OF INDIA


PE Ratio Performance Analysis for UNION BANK OF INDIA

- UNION BANK OF INDIA's latest p/e ratio is 5.80x.

- UNION BANK OF INDIA's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 5.30x.

- UNION BANK OF INDIA's operated at median p/e ratio of 5.34x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, UNION BANK OF INDIA's p/e ratio peaked in Mar2024 at 8.49x.

- UNION BANK OF INDIA's p/e ratio hit its five-year low in Mar2020 of 0x.


How does UNION BANK OF INDIA's P/E Ratio benchmark against top 10 peers in Bank - Public Industry?

Peer Comparison (Bank - Public Industry)Earnings-TTM (Cr)PE RatioMarket Cap
UNION BANK OF INDIA15,243.005.8088,473.4
STATE BANK OF INDIA69,083.1010.72740,609.0
PUNJAB NATIONAL BANK13,501.708.83119,182.0
BANK OF BARODA19,799.806.60130,706.0
INDIAN OVERSEAS BANK2,962.8333.91100,466.0
CANARA BANK15,609.005.9292,475.3
INDIAN BANK9,553.978.0676,958.8
BANK OF INDIA6,617.597.4549,282.6
UCO BANK2,182.3024.9054,339.8
CENTRAL BANK OF INDIA3,346.9514.5248,587.2
BANK OF MAHARASHTRA4,874.368.5841,803.6

Bank - Public Industry Benchmark (Top 10) PE Analysis vs UNION BANK OF INDIA's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 5.80x
Max industry PE 33.91x
Median industry PE 8.58x
Average industry PE 12.30x



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