United Bank Limited (UBL) has become the first Pakistani bank to surpass Rs500 billion in market capitalization, following a 125.32% increase in its stock value over the past year.
On Friday, UBL’s stock closed at Rs410.21, rising 4.74% on the Pakistan Stock Exchange (PSX). The stock reached an intraday high of Rs413.99 and a low of Rs393.01, with 1.27 million shares traded.
UBL’s price-to-earnings (P/E) ratio stands at 7.46, while its earnings per share (EPS) is Rs54.97 and dividend yield is 15.10%. The bank’s 52-week range shows a low of Rs174.69 and a high of Rs413.99, with a book value per share of Rs255.43 and a price-to-book ratio of 1.14.
The debt-to-equity ratio remains at 0.00.
UBL is a commercial bank in Pakistan, that provides banking and financial services. It is a subsidiary of Bestway (Holdings) Limited, which is wholly owned by Bestway Group Limited.
