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Union InsuranceTPE:2816 -3.03%81 PB Ratio is 0.93 as of Jul. 18, 2026, which is 13% above its 10-year median of 0.82. GuruFocus rates TPE:2816 with a GF Score™ of 81/100 and a GF Value™ of NT$33.65 (Fairly Valued). The stock has 8 warning signs investors should review. Among 497 Insurance companies, Union Insurance ranks better than 72.43% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-18), Union Insurance's share price is NT$33.65. Union Insurance's Book Value per Share for the quarter that ended in Dec. 2025 was NT$36.00. Hence, Union Insurance's PB Ratio of today is 0.93.
The historical rank and industry rank for Union Insurance's PB Ratio or its related term are showing as below:
TPE:2816'
s PB Ratio Range Over the Past 10 Years
Min: 0.58 Med: 0.82 Max: 1.51
Current: 0.93
During the past 13 years, Union Insurance's highest PB Ratio was 1.51. The lowest was 0.58. And the median was 0.82.
TPE:2816's PB Ratio is ranked better than 72.43% of 497
companies
in the Insurance industry
Industry Median: 1.41
vs TPE:2816: 0.93
During the past 12 months, Union Insurance's average Book Value Per Share Growth Rate was 10.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 7.70% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Union Insurance was 18.80% per year. The lowest was -3.90% per year. And the median was 10.35% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Union Insurance PB Ratio Related Terms
Union Insurance PB Ratio Historical Data
* Premium members only.
The historical data trend for Union Insurance's PB 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.
For the Insurance - Diversified subindustry, Union Insurance's PB Ratio, along with its competitors' market caps and PB 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 Insurance PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Union Insurance's PB Ratio distribution charts can be found below:
* The bar in red indicates where Union Insurance's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Union Insurance's PB Ratio for today is calculated as follows:
* 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:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Union Insurance (TPE:2816) has a PB Ratio of 0.93 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Union Insurance and its competitors. This is 13% above median its historical median of 0.82. Over the past decade, Union Insurance's PB Ratio has ranged from 0.58 to 1.51. According to the industry distribution chart, Union Insurance ranks #137 out of 497 companies in the Insurance industry, placing it in the top 27.6%.
Is Union Insurance's PB Ratio too high?
Union Insurance's current PB Ratio of 0.93 is 13% above median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.51. The Insurance industry median PB Ratio is 1.41. Union Insurance's value of 0.93 is 34% below this industry median. Based on the distribution chart, Union Insurance ranks #137 out of 497 companies in the Insurance industry, which is above the industry midpoint. Overall, Union Insurance has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Union Insurance's PB Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Union Insurance ranks #137 out of 497 companies for PB Ratio. This puts Union Insurance in the upper half of its industry. The industry median PB Ratio is 1.41. Union Insurance's value of 0.93 is 34% below this benchmark. Historically, Union Insurance's own PB Ratio has ranged from 0.58 to 1.51 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.41, Union Insurance 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 PB Ratio for an Insurance company?
The median PB Ratio among Insurance companies is 1.41, based on 497 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Insurance's current PB Ratio of 0.93 is 34% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Union Insurance and its competitors. For the Insurance industry, the median PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Insurance's current PB Ratio is 0.93, which is 13% above median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Union Insurance stock overvalued right now?
Based on GuruFocus' analysis, Union Insurance (TPE:2816) is currently considered Fairly Valued. The stock's GF Value™ is NT$33.65, compared to a current price of NT$33.65 — trading right at its estimated fair value. The current PB Ratio is 0.93, which is 13% above median its 10-year median of 0.82 and 34% below the Insurance industry median of 1.41. Union Insurance's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Union Insurance (TPE:2816), the current PB Ratio is 0.93 as of Jul. 18, 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 Insurance (TPE:2816) Overvalued in 2026?
Based on GuruFocus' analysis, Union Insurance stock appears to be undervalued.
The current stock price of NT$33.65 is trading 0% below its estimated GF Value™ of NT$33.65.
GuruFocus considers Union Insurance to be Fairly Valued.
Key valuation signals for TPE:2816:
PB Ratio: 0.93 (13% above median its 10-year median of 0.82)
GF Value™: NT$33.65 vs. price of NT$33.65 (0% below fair value)
Industry Position: 34% below the Insurance median (#137 of 497)
No single metric tells the full story. See the TPE:2816 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Insurance is a Taiwan-based company engaged in the insurance business engaged in the underwriting of fire, marine, automobile, engineering, liability, and accident insurance, reinsurance, and insurance businesses entrusted by other companies and performing different investments and other businesses in accordance with the regulations. The product portfolio of the company includes Motor Insurance, Traveler AccidentInsurance, Car Insurance, Motor cycle Insurance, Fire Property Insurance, Electric VehicleInsurance, Engineering Insurance, Marine Insurance, and other types of Insurances.
81GF Score
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