Union Bank of TaiwanTPE:2838 -0.22%80 Pretax Margin % is 36.74% as of Dec. 2025, which is 30% above its 10-year median of 28.28. GuruFocus rates TPE:2838 with a GF Score™ of 80/100 and a GF Value™ of NT$16.27 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,528 Banks companies, Union Bank of Taiwan ranks better than 52.55% on this metric.
The historical rank and industry rank for Union Bank of Taiwan's Pretax Margin % or its related term are showing as below:
TPE:2838'
s Pretax Margin % Range Over the Past 10 Years
Min: 26.87 Med: 28.28 Max: 35.88
Current: 35.88
TPE:2838's Pretax Margin % is ranked better than 52.55% of 1528
companies
in the Banks industry
Industry Median: 34.715
vs TPE:2838: 35.88
Union Bank of Taiwan (TPE:2838) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Union Bank of Taiwan Pretax Margin % Related Terms
Union Bank of Taiwan Pretax Margin % Historical Data
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The historical data trend for Union Bank of Taiwan's Pretax Margin % 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 Pretax Margin % Competitor Comparison
For the Banks - Regional subindustry, Union Bank of Taiwan's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Union Bank of Taiwan's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Union Bank of Taiwan's Pretax Margin % 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 Pretax Margin % of 36.74% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Union Bank of Taiwan and its competitors. This is 30% above median its historical median of 28.28. Over the past decade, Union Bank of Taiwan's Pretax Margin % has ranged from 26.87 to 35.88. According to the industry distribution chart, Union Bank of Taiwan ranks #725 out of 1528 companies in the Banks industry, placing it in the top 47.4%.
Is Union Bank of Taiwan's Pretax Margin % too high?
Union Bank of Taiwan's current Pretax Margin % of 36.74% is 30% above median its 10-year median of 28.28. Over the past 10 years, this metric has ranged from a low of 26.87 to a high of 35.88. The Banks industry median Pretax Margin % is 34.72. Union Bank of Taiwan's value of 36.74% is 5.8% above this industry median. Based on the distribution chart, Union Bank of Taiwan ranks #725 out of 1528 companies in the Banks industry, which is above the industry midpoint. Overall, Union Bank of Taiwan has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Bank of Taiwan's Pretax Margin % compare to competitors?
According to the Banks industry distribution chart, Union Bank of Taiwan ranks #725 out of 1528 companies for Pretax Margin %. This puts Union Bank of Taiwan in the upper half of its industry. The industry median Pretax Margin % is 34.72. Union Bank of Taiwan's value of 36.74% is 5.8% above this benchmark. Historically, Union Bank of Taiwan's own Pretax Margin % has ranged from 26.87 to 35.88 over the past decade. While the company's 10-year median is 28.28 vs. the industry median of 34.72, Union Bank of Taiwan has consistently been above 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 Pretax Margin % for a Banks company?
The median Pretax Margin % among Banks companies is 34.72, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Bank of Taiwan's current Pretax Margin % of 36.74% is 5.8% above 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Union Bank of Taiwan and its competitors. For the Banks industry, the median Pretax Margin % is 34.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Bank of Taiwan's current Pretax Margin % is 36.74%, which is 30% above median its own 10-year median of 28.28. 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 Significantly Overvalued. The stock's GF Value™ is NT$16.27, compared to a current price of NT$22.60 — trading 38.9% above its estimated fair value. The current Pretax Margin % is 36.74%, which is 30% above median its 10-year median of 28.28 and 5.8% above the Banks industry median of 34.72. Union Bank of Taiwan's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Union Bank of Taiwan (TPE:2838), the current Pretax Margin % is 36.74% as of Dec. 2025. 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$22.60 is trading 38.9% above its estimated GF Value™ of NT$16.27.
GuruFocus considers Union Bank of Taiwan to be Significantly Overvalued.
Key valuation signals for TPE:2838:
Pretax Margin %: 36.74% (30% above median its 10-year median of 28.28)
GF Value™: NT$16.27 vs. price of NT$22.60 (38.9% above fair value)
Industry Position: 5.8% above the Banks median (#725 of 1528)
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.
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