Is UCO Bank overvalued or undervalued?

As of 17 November 2025, the valuation grade for UCO Bank has moved from attractive to fair. This indicates a shift in perception regarding its market position. Based on the analysis, UCO Bank appears to be fairly valued at this time. The bank's PE ratio stands at 15.59, while its Price to Book Value is 1.21 and the PEG ratio is 1.55, reflecting moderate growth expectations relative to its earnings.
When compared to its peers, UCO Bank's valuation metrics indicate it is positioned in the middle of the spectrum. For instance, State Bank of India is considered expensive with a PE ratio of 12.58, while Bank of Baroda and Punjab National Bank are both rated attractive with PE ratios of 7.74 and 9.03, respectively. Notably, UCO Bank's recent stock performance has lagged behind the Sensex, with a year-to-date return of -28.57% compared to the Sensex's 8.72%, further reinforcing the notion that the bank is currently fairly valued amidst a challenging market environment.