WAL Western Alliance Bancorporation PE ratio, current and historical analysis

As of Apr 21, 2025, the Western Alliance Bancorporation stock's P/E ratio is 9.09. This takes into account the latest EPS of $7.14 and stock price of $64.88. The PE ratio has decreased by 17% from its last 4 quarters average of 10.9.

WAL PE ratio history

How has WAL's PE ratio performed in the past

The PE ratio of Western Alliance Bancorporation has averaged 12.11 over the last ten years. The current price-to-earnings ratio of 9.09 is 25% less than the historical average. Analyzing the last ten years, WAL's PE ratio reached its highest point in the Dec 2016 quarter at 19.33, when the price was $48.71 and the EPS was $2.52. The lowest point was recorded in the Mar 2023 quarter, when it reached 4.04 with a price of $35.54 and an EPS of $8.8.

Today
9.09
Average
12.11
Median
11.85
Minimum
4.04
Maximum
19.33

Western Alliance Bancorporation PE ratio by year

Maximum annual increase: 64.32% in 2023

Maximum annual decrease: -61.76% in 2012

Year PE ratio PE change Price EPS
2024 11.7 16.53% $83.54 $7.14
2023 10.04 64.32% $65.79 $6.55
2022 6.11 -50.53% $59.56 $9.74
2021 12.35 4.22% $107.65 $8.72
2020 11.85 1.02% $59.95 $5.06
2019 11.73 23.6% $57 $4.86
2018 9.49 -47.71% $39.49 $4.16
2017 18.15 -6.1% $56.62 $3.12
2016 19.33 10.52% $48.71 $2.52
2015 17.49 6.32% $35.86 $2.05
2014 16.45 -8.31% $27.8 $1.69
2013 17.94 43.06% $23.86 $1.33
2012 12.54 -61.76% $10.53 $0.84
2011 32.79 N/A $6.23 $0.19
2010 N/A N/A $7.36 -$0.23

Western Alliance Bancorporation PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 11.7 -12.1% $83.54 $7.14
Sep 2024 13.31 41.15% $86.49 $6.5
Jun 2024 9.43 0.96% $62.82 $6.66
Mar 2024 9.34 -6.97% $64.19 $6.87
Dec 2023 10.04 72.51% $65.79 $6.55
Sep 2023 5.82 33.49% $45.97 $7.9
Jun 2023 4.36 7.92% $36.47 $8.36
Mar 2023 4.04 -33.88% $35.54 $8.8
Dec 2022 6.11 -12.71% $59.56 $9.74
Sep 2022 7 -8.26% $65.74 $9.39
Jun 2022 7.63 -16.79% $70.6 $9.25
Mar 2022 9.17 -25.75% $82.82 $9.03
Dec 2021 12.35 -5.58% $107.65 $8.72
Sep 2021 13.08 4.14% $108.82 $8.32
Jun 2021 12.56 -18.34% $92.85 $7.39

WAL average PE ratio chart

What is the average PE ratio of WAL for the past years

The current PE ratio of WAL is above its 3-year average, but it is under its 5 and 10-year averages.

3-year avg
8.07
5-year avg
9.43
10-year avg
12.11
15-year avg
13.83

WAL PE vs peers

What is WAL's PE ratio compared to its peers

WAL's PE ratio is less than its peer stocks WFC and GBCI, but it is above ZION's. Western Alliance Bancorporation is currently trading at a lower PE ratio (9.09) than its peers average of 13.28.

Stock name PE ratio Market cap
ZION Zions Bancorporation National Association 8.81 $6.45B
WAL Western Alliance Bancorporation 9.09 $7.17B
NBHC National Bank Holdings Corp 11.53 $1.36B
WFC Wells Fargo & Company 11.79 $210.48B
FIBK First Interstate Bancsystem Inc 11.87 $2.72B
CVBF Cvb Financial Corp 12.31 $2.47B
GBCI Glacier Bancorp Inc 23.39 $4.46B

Frequently asked questions

What is Western Alliance Bancorporation's PE ratio?

WAL stock has a price to earnings ratio of 9.09 as of Apr 21, 2025.

What is the 3-year average PE ratio for Western Alliance Bancorporation (WAL)?

As an average over the last 3 years, WAL stock has a PE ratio of 8.07.

What is the 5-year average PE ratio for Western Alliance Bancorporation (WAL)?

As an average over the last 5 years, WAL stock has a PE ratio of 9.43.

What is the highest PE ratio for WAL?

Over the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 19.33.

How does the current PE ratio for WAL compare to its historical average?

WAL's price to earnings ratio is currently 25% below its 10-year historical average.

Why is Western Alliance Bancorporation's PE ratio so low?

WAL's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.

How is WAL's PE ratio calculated (Western Alliance Bancorporation PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 21, 2025), Western Alliance Bancorporation's share price is $64.88. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $7.14. Therefore, Western Alliance Bancorporation's price to earnings ratio for today is 9.09. PE RATIO(9.09) = STOCK PRICE($64.88) / TTM EPS($7.14)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.