Unity Bancorp (FRA:UTB) Shiller PE Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:UTB Unity Bancorp Inc FRA:UTB
82 GF Score
Price €51.00
GF Value €45.25
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Unity Bancorp Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Unity Bancorp  (FRA:UTB) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Unity Bancorp Shiller PE Ratio Related Terms


Unity Bancorp Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Unity Bancorp's Shiller PE 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.

Unity Bancorp Shiller PE Ratio Chart

Unity Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.50 14.08 12.25 14.67 14.83

Unity Bancorp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.77 14.23 14.74 14.43 15.37

FRA:UTB vs SFST, NPB, GCBC: Shiller PE Ratio Comparison

For the Banks - Regional subindustry, Unity Bancorp's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Unity Bancorp Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Unity Bancorp's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Unity Bancorp's Shiller PE Ratio falls into.


FRA:UTB
82GF Score
Unity Bancorp Inc FRA:UTB
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unity Bancorp Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Unity Bancorp's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Unity Bancorp's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.2178/333.9520*333.9520
=1.218

Current CPI (Jun. 2026) = 333.9520.

Unity Bancorp Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.285 241.428 0.394
201612 0.297 241.432 0.410
201703 0.280 243.801 0.383
201706 0.292 244.955 0.397
201709 0.298 246.819 0.403
201712 0.197 246.524 0.266
201803 0.392 249.554 0.525
201806 0.415 251.989 0.550
201809 0.432 252.439 0.571
201812 0.465 251.233 0.618
201903 0.461 254.202 0.606
201906 0.471 256.143 0.614
201909 0.486 256.759 0.632
201912 0.500 256.974 0.650
202003 0.442 258.115 0.571
202006 0.431 257.797 0.559
202009 0.461 260.280 0.591
202012 0.579 260.474 0.742
202103 0.668 264.877 0.842
202106 0.661 271.696 0.813
202109 0.764 274.310 0.930
202112 0.808 278.802 0.968
202203 0.761 287.504 0.884
202206 0.828 296.311 0.934
202209 0.921 296.808 1.036
202212 0.909 296.797 1.023
202303 0.897 301.836 0.993
202306 0.874 305.109 0.956
202309 0.892 307.789 0.967
202312 0.890 306.746 0.969
202403 0.860 312.332 0.919
202406 0.865 314.175 0.920
202409 0.978 315.301 1.036
202412 1.057 315.605 1.118
202503 1.075 319.799 1.123
202506 1.425 322.561 1.475
202509 1.203 324.800 1.237
202512 1.304 324.054 1.344
202603 1.197 330.213 1.211
202606 1.218 333.952 1.218

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is Unity Bancorp (FRA:UTB) Overvalued in 2026?

Based on GuruFocus' analysis, Unity Bancorp stock appears to be overvalued. The current stock price of €51.00 is trading 12.7% above its estimated GF Value™ of €45.25. GuruFocus considers Unity Bancorp to be Modestly Overvalued.

Key valuation signals for FRA:UTB:

  • Shiller PE Ratio:
  • GF Value™: €45.25 vs. price of €51.00 (12.7% above fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the FRA:UTB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Unity Bancorp Business Description

Other Exchanges UNTY:USA
Address 64 Old Highway 22, Clinton, NJ, USA, 08809
Unity Bancorp Inc is a bank holding company that serves as a holding company for Unity Bank. The Company has elected to become a financial holding company pursuant to regulations of the Board of Governors of the Federal Reserve System (the FRB). The Company's primary business is ownership and supervision of the Bank. The Company and the Bank derive a majority of their revenue from net interest income (i.e., the difference between the interest received on loans and securities and the interest paid on deposits and borrowings). The Company, through the Bank, conducts a traditional and community-oriented commercial banking business and services, personal and business checking accounts, time deposits, money market accounts, savings accounts, credit cards, automated teller service, and others.
82GF Score

Get the complete analysis for FRA:UTB

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€51.00
Price
€45.25
GF Value