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Union Bank of TaiwanTPE:2838 -0.98%82 Debt-to-Equity is 0.11 as of Mar. 2026, which is 35% below its 10-year median of 0.17. GuruFocus rates TPE:2838 with a GF Score™ of 82/100 and a GF Value™ of NT$15.83 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,414 Banks companies, Union Bank of Taiwan ranks better than 87.34% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Union Bank of Taiwan's Debt-to-Equity or its related term are showing as below:
TPE:2838'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.17 Max: 0.35
Current: 0.11
During the past 13 years, the highest Debt-to-Equity Ratio of Union Bank of Taiwan was 0.35. The lowest was 0.10. And the median was 0.17.
TPE:2838's Debt-to-Equity is ranked better than 87.34% of 1414
companies
in the Banks industry
Industry Median: 0.58
vs TPE:2838: 0.11
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Union Bank of Taiwan Debt-to-Equity Related Terms
Union Bank of Taiwan Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Union Bank of Taiwan's Debt-to-Equity 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.
Union Bank of Taiwan Debt-to-Equity Competitor Comparison
For the Banks - Regional subindustry, Union Bank of Taiwan's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Union Bank of Taiwan Debt-to-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Union Bank of Taiwan's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Union Bank of Taiwan's Debt-to-Equity falls into.
* 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.
Union Bank of Taiwan (TPE:2838) has a Debt-to-Equity of 0.11 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Union Bank of Taiwan and its competitors. This is 35% below median its historical median of 0.17. Over the past decade, Union Bank of Taiwan's Debt-to-Equity has ranged from 0.10 to 0.35. According to the industry distribution chart, Union Bank of Taiwan ranks #179 out of 1414 companies in the Banks industry, placing it in the top 12.7%.
Is Union Bank of Taiwan's Debt-to-Equity too high?
Union Bank of Taiwan's current Debt-to-Equity of 0.11 is 35% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.35. The Banks industry median Debt-to-Equity is 0.58. Union Bank of Taiwan's value of 0.11 is 81% below this industry median. Based on the distribution chart, Union Bank of Taiwan ranks #179 out of 1414 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Union Bank of Taiwan has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Bank of Taiwan's Debt-to-Equity compare to competitors?
According to the Banks industry distribution chart, Union Bank of Taiwan ranks #179 out of 1414 companies for Debt-to-Equity. This places Union Bank of Taiwan in the top 13% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.58. Union Bank of Taiwan's value of 0.11 is 81% below this benchmark. Historically, Union Bank of Taiwan's own Debt-to-Equity has ranged from 0.10 to 0.35 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.58, Union Bank of Taiwan has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Banks company?
The median Debt-to-Equity among Banks companies is 0.58, based on 1,414 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Bank of Taiwan's current Debt-to-Equity of 0.11 is 81% below 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Union Bank of Taiwan and its competitors. For the Banks industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Bank of Taiwan's current Debt-to-Equity is 0.11, which is 35% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Bank of Taiwan stock overvalued right now?
Based on GuruFocus' analysis, Union Bank of Taiwan (TPE:2838) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$15.83, compared to a current price of NT$20.20 — trading 27.6% above its estimated fair value. The current Debt-to-Equity is 0.11, which is 35% below median its 10-year median of 0.17 and 81% below the Banks industry median of 0.58. Union Bank of Taiwan's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Union Bank of Taiwan (TPE:2838), the current Debt-to-Equity is 0.11 as of Mar. 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 Union Bank of Taiwan (TPE:2838) Overvalued in 2026?
Based on GuruFocus' analysis, Union Bank of Taiwan stock appears to be overvalued.
The current stock price of NT$20.20 is trading 27.6% above its estimated GF Value™ of NT$15.83.
GuruFocus considers Union Bank of Taiwan to be Modestly Overvalued.
Key valuation signals for TPE:2838:
Debt-to-Equity: 0.11 (35% below median its 10-year median of 0.17)
GF Value™: NT$15.83 vs. price of NT$20.20 (27.6% above fair value)
Industry Position: 81% below the Banks median (#179 of 1414)
No single metric tells the full story. See the TPE:2838 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Bank of Taiwan mainly engaged in activities allowed under the Banking Law, which cover deposits, loans, discounts, remittances, acceptances, issuance of guarantees and letters of credit, short-term bills transactions, investments, foreign exchange transactions, savings, trust, etc. The company's reportable segments are Corporate banking unit consist Corporate banking, foreign exchange business, debt management and public treasury business; Consumer banking unit consider financial management and loan business, credit card business and car-loan business; Wealth management and trust unit; Investing unit; and Leasing unit. The majority of revenue comes from Consumer banking. The Company's operations are mainly in Taiwan.
82GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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