Union Bank Of The PhilippinesPHS:UBP -0.41%77 Return-on-Tangible-Equity is 11.22% as of Mar. 2026, which is 20% below its 10-year median of 14.03. GuruFocus rates PHS:UBP with a GF Score™ of 77/100 and a GF Value™ of ₱37.70 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,525 Banks companies, Union Bank Of The Philippines ranks worse than 63.87% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Union Bank Of The Philippines's annualized net income for the quarter that ended in Mar. 2026 was ₱15,217 Mil. Union Bank Of The Philippines's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₱135,624 Mil. Therefore, Union Bank Of The Philippines's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.22%.
The historical rank and industry rank for Union Bank Of The Philippines's Return-on-Tangible-Equity or its related term are showing as below:
PHS:UBP'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.3 Med: 14.03 Max: 19.57
Current: 8.88
During the past 13 years, Union Bank Of The Philippines's highest Return-on-Tangible-Equity was 19.57%. The lowest was 8.30%. And the median was 14.03%.
PHS:UBP's Return-on-Tangible-Equity is ranked worse than 63.87% of 1525
companies
in the Banks industry
Industry Median: 11.21
vs PHS:UBP: 8.88
Union Bank Of The Philippines (PHS:UBP) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Union Bank Of The Philippines Return-on-Tangible-Equity Related Terms
Union Bank Of The Philippines Return-on-Tangible-Equity 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-Equity Chart
Union Bank Of The Philippines Return-on-Tangible-Equity Competitor Comparison
For the Banks - Regional subindustry, Union Bank Of The Philippines's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Union Bank Of The Philippines's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Union Bank Of The Philippines's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 11.22% mean?
Union Bank Of The Philippines (PHS:UBP) has a Return-on-Tangible-Equity of 11.22% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Union Bank Of The Philippines and its competitors. This is 20% below median its historical median of 14.03. Over the past decade, Union Bank Of The Philippines' Return-on-Tangible-Equity has ranged from 8.30 to 19.57. According to the industry distribution chart, Union Bank Of The Philippines ranks #974 out of 1525 companies in the Banks industry, placing it in the top 63.9%.
Is Union Bank Of The Philippines' Return-on-Tangible-Equity too high?
Union Bank Of The Philippines' current Return-on-Tangible-Equity of 11.22% is 20% below median its 10-year median of 14.03. Over the past 10 years, this metric has ranged from a low of 8.30 to a high of 19.57. The Banks industry median Return-on-Tangible-Equity is 11.21. Union Bank Of The Philippines' value of 11.22% is 0.1% above this industry median. Based on the distribution chart, Union Bank Of The Philippines ranks #974 out of 1525 companies in the Banks industry, which is below the industry midpoint. Overall, Union Bank Of The Philippines has a GF Score™ of 77/100 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-Equity compare to competitors?
According to the Banks industry distribution chart, Union Bank Of The Philippines ranks #974 out of 1525 companies for Return-on-Tangible-Equity. This places Union Bank Of The Philippines in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.21. Union Bank Of The Philippines' value of 11.22% is 0.1% above this benchmark. Historically, Union Bank Of The Philippines' own Return-on-Tangible-Equity has ranged from 8.30 to 19.57 over the past decade. While the company's 10-year median is 14.03 vs. the industry median of 11.21, 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-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.21, based on 1,525 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity of 11.22% is 0.1% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Union Bank Of The Philippines and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.21 — 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-Equity is 11.22%, which is 20% below median its own 10-year median of 14.03. 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 ₱37.70, compared to a current price of ₱24.40 — trading 35.3% below its estimated fair value. The current Return-on-Tangible-Equity is 11.22%, which is 20% below median its 10-year median of 14.03 and 0.1% above the Banks industry median of 11.21. Union Bank Of The Philippines' overall GF Score™ is 77/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Union Bank Of The Philippines (PHS:UBP), the current Return-on-Tangible-Equity is 11.22% 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 ₱24.40 is trading 35.3% below its estimated GF Value™ of ₱37.70.
GuruFocus considers Union Bank Of The Philippines to be Significantly Undervalued.
Key valuation signals for PHS:UBP:
Return-on-Tangible-Equity: 11.22% (20% below median its 10-year median of 14.03)
GF Value™: ₱37.70 vs. price of ₱24.40 (35.3% below fair value)
Industry Position: 0.1% above the Banks median (#974 of 1525)
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.
77GF Score
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