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.
Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Union Bank of Taiwan's 3-Year RORE % for the quarter that ended in Dec. 2025 was 15.45%.
The industry rank for Union Bank of Taiwan's 3-Year RORE % or its related term are showing as below:
TPE:2838's 3-Year RORE % is ranked better than 61.4% of 1469
companies
in the Banks industry
Industry Median: 9.92
vs TPE:2838: 15.45
Union Bank of Taiwan (TPE:2838) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Union Bank of Taiwan 3-Year RORE % Related Terms
Union Bank of Taiwan 3-Year RORE % Historical Data
* Premium members only.
The historical data trend for Union Bank of Taiwan's 3-Year RORE % 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 3-Year RORE % Competitor Comparison
For the Banks - Regional subindustry, Union Bank of Taiwan's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Banks Industry
For the Banks industry and Financial Services sector, Union Bank of Taiwan's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Union Bank of Taiwan's 3-Year RORE % 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2025 and 3-year before.
Union Bank of Taiwan (TPE:2838) has a 3-Year RORE % of 15.45 as of Dec. 2025. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Union Bank of Taiwan and its competitors. According to the industry distribution chart, Union Bank of Taiwan ranks #567 out of 1469 companies in the Banks industry, placing it in the top 38.6%.
Is Union Bank of Taiwan's 3-Year RORE % too high?
Union Bank of Taiwan's current 3-Year RORE % is 15.45. The Banks industry median 3-Year RORE % is 9.92. Union Bank of Taiwan's value of 15.45 is 55.7% above this industry median. Based on the distribution chart, Union Bank of Taiwan ranks #567 out of 1469 companies in the Banks industry, which is above the industry midpoint. Overall, Union Bank of Taiwan has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Union Bank of Taiwan's 3-Year RORE % compare to competitors?
According to the Banks industry distribution chart, Union Bank of Taiwan ranks #567 out of 1469 companies for 3-Year RORE %. This puts Union Bank of Taiwan in the upper half of its industry. The industry median 3-Year RORE % is 9.92. Union Bank of Taiwan's value of 15.45 is 55.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Banks company?
The median 3-Year RORE % among Banks companies is 9.92, based on 1,469 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Union Bank of Taiwan's current 3-Year RORE % of 15.45 is 55.7% 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Union Bank of Taiwan and its competitors. For the Banks industry, the median 3-Year RORE % is 9.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Union Bank of Taiwan's current 3-Year RORE % is 15.45. 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$15.39, compared to a current price of NT$20.50 — trading 33.2% above its estimated fair value. The current 3-Year RORE % is 15.45 and 55.7% above the Banks industry median of 9.92. Union Bank of Taiwan's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Union Bank of Taiwan (TPE:2838), the current 3-Year RORE % is 15.45 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$20.50 is trading 33.2% above its estimated GF Value™ of NT$15.39.
GuruFocus considers Union Bank of Taiwan to be Significantly Overvalued.
Key valuation signals for TPE:2838:
3-Year RORE %: 15.45
GF Value™: NT$15.39 vs. price of NT$20.50 (33.2% above fair value)
Industry Position: 55.7% above the Banks median (#567 of 1469)
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.
81GF Score
Get the complete analysis for TPE:2838
3-Year RORE % 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 
