Union Bank Fundamental Relationships

UNIONBANK -- India Stock  

INR 75.75  1.60  2.16%

The Drivers Module shows relationships between Union Bank's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Union Bank of India over time as well as its relative position and ranking within its peers. Also please take a look at World Market Map.

Union Bank of Price to Book vs. Return On Equity Fundamental Analysis

Union Bank of India is rated first in return on equity category among related companies. It is rated first in price to book category among related companies .
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how effecently a company utilizes investments to generate income.
Union Bank 
Return on Equity 
 = 
Net Income 
Total Equity 
X
100 
=
(21.13) %
For most industries Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is accounting value of assets minus liabilities.
Union Bank 
P/B 
 = 
MV Per Share 
BV Per Share 
=
0.40 times
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Union Bank of Price to Book Comparison

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