Union Bank Of The PhilippinesPHS:UBP -0.21%83 Return-on-Tangible-Asset is 1.38% as of Mar. 2026, which is 1% below its 10-year median of 1.40. GuruFocus rates PHS:UBP with a GF Score™ of 83/100 and a GF Value™ of ₱37.77 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,530 Banks companies, Union Bank Of The Philippines ranks better than 59.28% on this metric.
The historical rank and industry rank for Union Bank Of The Philippines's Return-on-Tangible-Asset or its related term are showing as below:
PHS:UBP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.87 Med: 1.4 Max: 2.14
Current: 1.13
During the past 13 years, Union Bank Of The Philippines's highest Return-on-Tangible-Asset was 2.14%. The lowest was 0.87%. And the median was 1.40%.
PHS:UBP's Return-on-Tangible-Asset is ranked better than 59.28% of 1530
companies
in the Banks industry
Industry Median: 0.99
vs PHS:UBP: 1.13
Union Bank Of The Philippines (PHS:UBP) 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 The Philippines Return-on-Tangible-Asset Related Terms
Union Bank Of The Philippines Return-on-Tangible-Asset Historical Data
* 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 The Philippines Return-on-Tangible-Asset Chart
Union Bank Of The Philippines Return-on-Tangible-Asset Competitor Comparison
For the Banks - Regional subindustry, Union Bank Of The Philippines'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 The Philippines Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Union Bank Of The Philippines's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Union Bank Of The Philippines'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 1.38% mean?
Union Bank Of The Philippines (PHS:UBP) has a Return-on-Tangible-Asset of 1.38% as of Mar. 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 The Philippines and its competitors. This is near median its historical median of 1.40. Over the past decade, Union Bank Of The Philippines' Return-on-Tangible-Asset has ranged from 0.87 to 2.14. According to the industry distribution chart, Union Bank Of The Philippines ranks #623 out of 1530 companies in the Banks industry, placing it in the top 40.7%.
Is Union Bank Of The Philippines' Return-on-Tangible-Asset too high?
Union Bank Of The Philippines' current Return-on-Tangible-Asset of 1.38% is near median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 2.14. The Banks industry median Return-on-Tangible-Asset is 0.99. Union Bank Of The Philippines' value of 1.38% is 39.4% above this industry median. Based on the distribution chart, Union Bank Of The Philippines ranks #623 out of 1530 companies in the Banks industry, which is above the industry midpoint. Overall, Union Bank Of The Philippines has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Union Bank Of The Philippines' Return-on-Tangible-Asset compare to competitors?
According to the Banks industry distribution chart, Union Bank Of The Philippines ranks #623 out of 1530 companies for Return-on-Tangible-Asset. This puts Union Bank Of The Philippines in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.99. Union Bank Of The Philippines' value of 1.38% is 39.4% above this benchmark. Historically, Union Bank Of The Philippines' own Return-on-Tangible-Asset has ranged from 0.87 to 2.14 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 0.99, Union Bank Of The Philippines 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 0.99, based on 1,530 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 The Philippines's current Return-on-Tangible-Asset of 1.38% is 39.4% 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 The Philippines and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Bank Of The Philippines's current Return-on-Tangible-Asset is 1.38%, which is near median its own 10-year median of 1.40. 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 The Philippines stock overvalued right now?
Based on GuruFocus' analysis, Union Bank Of The Philippines (PHS:UBP) is currently considered Significantly Undervalued. The stock's GF Value™ is ₱37.77, compared to a current price of ₱23.70 — trading 37.3% below its estimated fair value. The current Return-on-Tangible-Asset is 1.38%, which is near median its 10-year median of 1.40 and 39.4% above the Banks industry median of 0.99. Union Bank Of The Philippines' overall GF Score™ is 83/100 with 1 warning sign 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 The Philippines (PHS:UBP), the current Return-on-Tangible-Asset is 1.38% as of Mar. 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 The Philippines (PHS:UBP) Overvalued in 2026?
Based on GuruFocus' analysis, Union Bank Of The Philippines stock appears to be undervalued.
The current stock price of ₱23.70 is trading 37.3% below its estimated GF Value™ of ₱37.77.
GuruFocus considers Union Bank Of The Philippines to be Significantly Undervalued.
Key valuation signals for PHS:UBP:
Return-on-Tangible-Asset: 1.38% (near median its 10-year median of 1.40)
GF Value™: ₱37.77 vs. price of ₱23.70 (37.3% below fair value)
Industry Position: 39.4% above the Banks median (#623 of 1530)
No single metric tells the full story. See the PHS:UBP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Union Bank Of The Philippines Business Description
Union Bank Of The Philippines Inc is a company that provides commercial banking products and services. It offers loans and deposits, cash management, retail banking, foreign exchange, capital markets, corporate and consumer finance, investment management, and trust banking. The group's main operating business segments are Consumer Banking, Institutional Banking, Mass Market/Digital Banking, Trust and Insurance, Treasury Banking, and Headquarters. The majority share of groups revenue is generated from the Consumer Banking business segment, which principally handles individual customers' deposits and provides consumer-type loans, such as automobiles and mortgage financing, credit card facilities, and funds transfer facilities.
83GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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