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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 IndiaNSE:UNIONBANK +0.75%59 Return-on-Tangible-Asset is 1.43% as of Jun. 2026, which is 249% above its 10-year median of 0.41. GuruFocus rates NSE:UNIONBANK with a GF Score™ of 59/100 and a GF Value™ of ₹140.95 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,528 Banks companies, Union Bank of India ranks better than 70.09% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Union Bank of India's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹225,661 Mil. Union Bank of India's average total tangible assets for the quarter that ended in Jun. 2026 was ₹15,747,032 Mil. Therefore, Union Bank of India's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.43%.
The historical rank and industry rank for Union Bank of India's Return-on-Tangible-Asset or its related term are showing as below:
NSE:UNIONBANK'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.1 Med: 0.41 Max: 1.35
Current: 1.35
During the past 13 years, Union Bank of India's highest Return-on-Tangible-Asset was 1.35%. The lowest was -1.10%. And the median was 0.41%.
NSE:UNIONBANK's Return-on-Tangible-Asset is ranked better than 70.09% of 1528
companies
in the Banks industry
Industry Median: 1.01
vs NSE:UNIONBANK: 1.35
Union Bank of India (NSE:UNIONBANK) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Union Bank of India Return-on-Tangible-Asset Related Terms
Union Bank of India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Union Bank of India's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset Chart
Union Bank of India Return-on-Tangible-Asset Competitor Comparison
For the Banks - Regional subindustry, Union Bank of India's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Union Bank of India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Union Bank of India's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.43% mean?
Union Bank of India (NSE:UNIONBANK) has a Return-on-Tangible-Asset of 1.43% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Union Bank of India and its competitors. This is 249% above median its historical median of 0.41. According to the industry distribution chart, Union Bank of India ranks #457 out of 1528 companies in the Banks industry, placing it in the top 29.9%.
Is Union Bank of India's Return-on-Tangible-Asset too high?
Union Bank of India's current Return-on-Tangible-Asset of 1.43% is 249% above median its 10-year median of 0.41. The Banks industry median Return-on-Tangible-Asset is 1.01. Union Bank of India's value of 1.43% is 41.6% above this industry median. Based on the distribution chart, Union Bank of India ranks #457 out of 1528 companies in the Banks industry, which is above the industry midpoint. Overall, Union Bank of India has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Bank of India's Return-on-Tangible-Asset compare to competitors?
According to the Banks industry distribution chart, Union Bank of India ranks #457 out of 1528 companies for Return-on-Tangible-Asset. This puts Union Bank of India in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.01. Union Bank of India's value of 1.43% is 41.6% above this benchmark. While the company's 10-year median is 0.41 vs. the industry median of 1.01, Union Bank of India 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 Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.01, based on 1,528 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Bank of India's current Return-on-Tangible-Asset of 1.43% is 41.6% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Union Bank of India and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Bank of India's current Return-on-Tangible-Asset is 1.43%, which is 249% above median its own 10-year median of 0.41. 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 (NSE:UNIONBANK) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹140.95, compared to a current price of ₹182.50 — trading 29.5% above its estimated fair value. The current Return-on-Tangible-Asset is 1.43%, which is 249% above median its 10-year median of 0.41 and 41.6% above the Banks industry median of 1.01. Union Bank of India's overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Union Bank of India (NSE:UNIONBANK), the current Return-on-Tangible-Asset is 1.43% 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 (NSE:UNIONBANK) Overvalued in 2026?
Based on GuruFocus' analysis, Union Bank of India stock appears to be overvalued.
The current stock price of ₹182.50 is trading 29.5% above its estimated GF Value™ of ₹140.95.
GuruFocus considers Union Bank of India to be Modestly Overvalued.
Key valuation signals for NSE:UNIONBANK:
Return-on-Tangible-Asset: 1.43% (249% above median its 10-year median of 0.41)
GF Value™: ₹140.95 vs. price of ₹182.50 (29.5% above fair value)
Industry Position: 41.6% above the Banks median (#457 of 1528)
No single metric tells the full story. See the NSE:UNIONBANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
59GF Score
Get the complete analysis for NSE:UNIONBANK
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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