Union Bank of India (BOM:532477) E10: ₹7.19 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532477 Union Bank of India BOM:532477
52 GF Score
Price ₹171.15
GF Value ₹141.05
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Union Bank of India E10?

Union Bank of India BOM:532477 +0.41% 52 E10 is ₹7.19 as of Jun. 2026. GuruFocus rates BOM:532477 with a GF Score™ of 52/100 and a GF Value™ of ₹141.05 (Modestly Overvalued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Union Bank of India's adjusted earnings per share data for the three months ended in Jun. 2026 was ₹7.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹7.19 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Union Bank of India's average E10 Growth Rate was 70.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-08-01), Union Bank of India's current stock price is ₹171.15. Union Bank of India's E10 for the quarter that ended in Jun. 2026 was ₹7.19. Union Bank of India's Shiller PE Ratio of today is 23.80.

During the past 13 years, the highest Shiller PE Ratio of Union Bank of India was 70.00. The lowest was 22.69. And the median was 31.97.


Union Bank of India  (BOM:532477) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Union Bank of India's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=171.15/7.19
=23.80

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Union Bank of India was 70.00. The lowest was 22.69. And the median was 31.97.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Union Bank of India E10 Related Terms


Union Bank of India E10 Historical Data

* Premium members only.

The historical data trend for Union Bank of India's E10 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 India E10 Chart

Union Bank of India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 3.50 6.41

Union Bank of India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.23 4.93 5.65 6.41 7.19

Union Bank of India E10 Competitor Comparison

For the Banks - Regional subindustry, Union Bank of India's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


Union Bank of India Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Union Bank of India's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Union Bank of India's Shiller PE Ratio falls into.


BOM:532477
52GF Score
Union Bank of India BOM:532477
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Bank of India E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Union Bank of India's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.39/166.1454*166.1454
=7.390

Current CPI (Jun. 2026) = 166.1454.

Union Bank of India Quarterly Data

per share eps CPI Adj_EPS
201203 0.000 76.889 0.000
201303 0.000 85.687 0.000
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201603 0.000 102.518 0.000
201703 0.000 105.196 0.000
201803 0.000 109.786 0.000
201806 1.200 111.317 1.791
201809 0.730 115.142 1.053
201812 1.570 115.142 2.265
201903 -28.370 118.202 -39.877
201906 1.310 120.880 1.801
201909 -6.760 123.175 -9.118
201912 2.370 126.235 3.119
202003 -7.926 124.705 -10.560
202006 0.530 127.000 0.693
202009 0.830 130.118 1.060
202012 1.120 130.889 1.422
202103 1.980 131.771 2.497
202106 1.700 134.084 2.106
202109 2.320 135.847 2.837
202112 1.550 138.161 1.864
202203 2.280 138.822 2.729
202206 2.320 142.347 2.708
202209 2.710 144.661 3.112
202212 3.310 145.763 3.773
202303 4.110 146.865 4.650
202306 4.790 150.280 5.296
202309 5.140 151.492 5.637
202312 4.890 152.924 5.313
202403 4.400 153.035 4.777
202406 4.770 155.789 5.087
202409 6.220 157.882 6.546
202412 6.060 158.323 6.359
202503 6.560 157.552 6.918
202506 5.800 159.755 6.032
202509 5.800 162.289 5.938
202512 6.650 163.281 6.767
202603 7.210 164.272 7.292
202606 7.390 166.145 7.390

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ₹7.19 mean?
Union Bank of India (BOM:532477) has a E10 of ₹7.19 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Union Bank of India and its competitors.
Is Union Bank of India's E10 too high?
Union Bank of India's current E10 is ₹7.19. Overall, Union Bank of India has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Bank of India's E10 compare to competitors?
Union Bank of India's E10 of ₹7.19 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Banks company?
A good E10 depends on the Banks industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Union Bank of India and its competitors. Union Bank of India's current E10 is ₹7.19. 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 India stock overvalued right now?
Based on GuruFocus' analysis, Union Bank of India (BOM:532477) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹141.05, compared to a current price of ₹171.15 — trading 21.3% above its estimated fair value. The current E10 is ₹7.19. Union Bank of India's overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Union Bank of India (BOM:532477), the current E10 is ₹7.19 as of Jun. 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 India (BOM:532477) Overvalued in 2026?

Based on GuruFocus' analysis, Union Bank of India stock appears to be overvalued. The current stock price of ₹171.15 is trading 21.3% above its estimated GF Value™ of ₹141.05. GuruFocus considers Union Bank of India to be Modestly Overvalued.

Key valuation signals for BOM:532477:

  • E10: ₹7.19
  • GF Value™: ₹141.05 vs. price of ₹171.15 (21.3% above fair value)
  • GF Score™: 52/100 with 3 warning signs

No single metric tells the full story. See the BOM:532477 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Union Bank of India Business Description

Other Exchanges UNIONBANK:India
Address 239, Vidhan Bhavan Marg, Investor Services Division, Union Bank Bhavan, 12th Floor, Board Secretarial, Nariman Point, Mumbai, MH, IND, 400 021
Union Bank of India is a banking and financial services statutory body engaged in providing products and services to individuals, commercial enterprises, large corporates, public bodies, and institutional customers. The bank has four segments Treasury Operations, Corporate and Wholesale Banking, Retail Banking Operations and(w/w Digital Banking Segment), and Other Banking Operations. The bank generates majority of Income from Retail Banking Operations.
52GF Score

Get the complete analysis for BOM:532477

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹171.15
Price
₹141.05
GF Value