Union Bank Of The Philippines (PHS:UBP) Shiller PE Ratio: (As of Aug. 17, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

PHS:UBP Union Bank Of The Philippines Inc PHS:UBP
75 GF Score
Price ₱25.15
GF Value ₱38.22
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Union Bank Of The Philippines Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Union Bank Of The Philippines  (PHS:UBP) 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.


Union Bank Of The Philippines Shiller PE Ratio Related Terms


Union Bank Of The Philippines Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Union Bank Of The Philippines'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.

Union Bank Of The Philippines Shiller PE Ratio Chart

Union Bank Of The Philippines 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 13.38 12.54 9.86 7.18 5.27

Union Bank Of The Philippines 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 6.53 5.87 5.27 4.35 0.00

Union Bank Of The Philippines Shiller PE Ratio Competitor Comparison

For the Banks - Regional subindustry, Union Bank Of The Philippines'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.


Union Bank Of The Philippines Shiller PE Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Union Bank Of The Philippines's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Union Bank Of The Philippines's Shiller PE Ratio falls into.


PHS:UBP
75GF Score
Union Bank Of The Philippines Inc PHS:UBP
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Union Bank Of The Philippines 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.

Union Bank Of The Philippines's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Union Bank Of The Philippines'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)
=0.928/333.9520*333.9520
=0.928

Current CPI (Jun. 2026) = 333.9520.

Union Bank Of The Philippines Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 2.059 241.428 2.848
201612 0.940 241.432 1.300
201703 1.080 243.801 1.479
201706 1.050 244.955 1.431
201709 0.990 246.819 1.339
201712 0.741 246.524 1.004
201803 1.479 249.554 1.979
201806 0.870 251.989 1.153
201809 0.599 252.439 0.792
201812 0.278 251.233 0.370
201903 0.950 254.202 1.248
201906 1.119 256.143 1.459
201909 1.664 256.759 2.164
201912 2.388 256.974 3.103
202003 1.158 258.115 1.498
202006 1.003 257.797 1.299
202009 1.841 260.280 2.362
202012 1.343 260.474 1.722
202103 2.065 264.877 2.604
202106 1.562 271.696 1.920
202109 1.041 274.310 1.267
202112 0.816 278.802 0.977
202203 1.301 287.504 1.511
202206 1.185 296.311 1.336
202209 1.399 296.808 1.574
202212 -0.648 296.797 -0.729
202303 1.183 301.836 1.309
202306 0.824 305.109 0.902
202309 0.639 307.789 0.693
202312 0.353 306.746 0.384
202403 0.670 312.332 0.716
202406 0.922 314.175 0.980
202409 1.053 315.301 1.115
202412 1.050 315.605 1.111
202503 0.420 319.799 0.439
202506 0.548 322.561 0.567
202509 0.972 324.800 0.999
202512 1.070 324.054 1.103
202603 4.590 330.213 4.642
202606 0.928 333.952 0.928

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 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 ₱25.15 is trading 34.2% below its estimated GF Value™ of ₱38.22. GuruFocus considers Union Bank Of The Philippines to be Significantly Undervalued.

Key valuation signals for PHS:UBP:

  • Shiller PE Ratio:
  • GF Value™: ₱38.22 vs. price of ₱25.15 (34.2% below fair value)
  • GF Score™: 75/100 with 2 warning signs

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

Address Meralco Avenue corner Onyx and Sapphire Roads, UnionBank Plaza, Ortigas Center, Pasig, PHL, 1605
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.
75GF Score

Get the complete analysis for PHS:UBP

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

₱25.15
Price
₱38.22
GF Value