UNION BANK OF INDIA Valuation

UNIONBANK · Financial Services · Current price ₹168.46

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DocStoX fair value
₹213
medium confidence
Current price
₹168
Upside
+26.5%
P/E ratio
6.6x
P/B ratio
1.0x
Verdict
Buy
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Is UNION BANK OF INDIA undervalued?

DocStoX estimates the fair value of UNION BANK OF INDIA at ₹213 per share, versus the current market price of ₹168. That puts the stock about +26.5% below our fair-value estimate, which we read as "Buy". Our confidence in this estimate is medium.

How this fair value is calculated

This estimate blends 2 independent methods: Excess-return (book value) (₹199), Relative P/E (₹251). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.

Bear, base and bull scenarios

Our scenarios span ₹181 (bear) to ₹213 (base) to ₹251 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.

Valuation multiples

UNION BANK OF INDIA trades at a P/E of 6.6x and a P/B of 1.0x, with a dividend yield of 3.2%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.

Understand the ratios

More on UNION BANK OF INDIA

DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.