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.
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.
Union Bank of TaiwanTPE:2838 -0.71%80 PS Ratio is 4.76 as of Jul. 16, 2026, which is 92% above its 10-year median of 2.48. GuruFocus rates TPE:2838 with a GF Score™ of 80/100 and a GF Value™ of NT$15.38 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,517 Banks companies, Union Bank of Taiwan ranks worse than 81.61% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Union Bank of Taiwan's share price is NT$20.90.
Union Bank of Taiwan's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was NT$4.39. Hence, Union Bank of Taiwan's PS Ratio for today is 4.76.
Warning Sign:
Union Bank of Taiwan stock PS Ratio (=4.8) is close to 10-year high of 5.12.
The historical rank and industry rank for Union Bank of Taiwan's PS Ratio or its related term are showing as below:
TPE:2838'
s PS Ratio Range Over the Past 10 Years
Min: 1.87 Med: 2.48 Max: 5.12
Current: 4.77
During the past 13 years, Union Bank of Taiwan's highest PS Ratio was 5.12. The lowest was 1.87. And the median was 2.48.
TPE:2838's PS Ratio is ranked worse than 81.61% of 1517
companies
in the Banks industry
Industry Median: 3.04
vs TPE:2838: 4.77
Union Bank of Taiwan has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of Union Bank of Taiwan was 7.10% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 5.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 5.80% per year.
During the past 13 years, Union Bank of Taiwan's highest 3-Year average Revenue per Share Growth Rate was 9.20% per year. The lowest was -16.80% per year. And the median was 5.10% per year.
Back to Basics: PS Ratio
Union Bank of Taiwan (TPE:2838) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Union Bank of Taiwan PS Ratio Related Terms
Union Bank of Taiwan PS Ratio Historical Data
* Premium members only.
The historical data trend for Union Bank of Taiwan's PS 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.
Union Bank of Taiwan PS Ratio Competitor Comparison
For the Banks - Regional subindustry, Union Bank of Taiwan's PS Ratio, along with its competitors' market caps and PS 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 Taiwan PS Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Union Bank of Taiwan's PS Ratio distribution charts can be found below:
* The bar in red indicates where Union Bank of Taiwan's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Union Bank of Taiwan's Share Price of today is NT$20.90. Union Bank of Taiwan's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$4.39.
* 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:
Union Bank of Taiwan (TPE:2838) has a PS Ratio of 4.76 as of Jul. 16, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Union Bank of Taiwan and its competitors. This is 92% above median its historical median of 2.48. Over the past decade, Union Bank of Taiwan's PS Ratio has ranged from 1.87 to 5.12. According to the industry distribution chart, Union Bank of Taiwan ranks #1238 out of 1517 companies in the Banks industry, placing it in the top 81.6%.
Is Union Bank of Taiwan's PS Ratio too high?
Union Bank of Taiwan's current PS Ratio of 4.76 is 92% above median its 10-year median of 2.48. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 5.12. The Banks industry median PS Ratio is 3.04. Union Bank of Taiwan's value of 4.76 is 56.6% above this industry median. Based on the distribution chart, Union Bank of Taiwan ranks #1238 out of 1517 companies in the Banks industry, which is in the bottom quartile relative to peers. 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 PS Ratio compare to competitors?
According to the Banks industry distribution chart, Union Bank of Taiwan ranks #1238 out of 1517 companies for PS Ratio. This places Union Bank of Taiwan in the lower half of its industry. The industry median PS Ratio is 3.04. Union Bank of Taiwan's value of 4.76 is 56.6% above this benchmark. Historically, Union Bank of Taiwan's own PS Ratio has ranged from 1.87 to 5.12 over the past decade. While the company's 10-year median is 2.48 vs. the industry median of 3.04, 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 PS Ratio for a Banks company?
The median PS Ratio among Banks companies is 3.04, based on 1,517 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Bank of Taiwan's current PS Ratio of 4.76 is 56.6% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Union Bank of Taiwan and its competitors. For the Banks industry, the median PS Ratio is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Bank of Taiwan's current PS Ratio is 4.76, which is 92% above median its own 10-year median of 2.48. 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$15.38, compared to a current price of NT$20.90 — trading 35.9% above its estimated fair value. The current PS Ratio is 4.76, which is 92% above median its 10-year median of 2.48 and 56.6% above the Banks industry median of 3.04. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Union Bank of Taiwan (TPE:2838), the current PS Ratio is 4.76 as of Jul. 16, 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$20.90 is trading 35.9% above its estimated GF Value™ of NT$15.38.
GuruFocus considers Union Bank of Taiwan to be Significantly Overvalued.
Key valuation signals for TPE:2838:
PS Ratio: 4.76 (92% above median its 10-year median of 2.48)
GF Value™: NT$15.38 vs. price of NT$20.90 (35.9% above fair value)
Industry Position: 56.6% above the Banks median (#1238 of 1517)
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.
80GF Score
Get the complete analysis for TPE:2838
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2838 has been successfully added to your 
