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WAL Western Alliance Bancorporation PE ratio, current and historical analysis

As of Feb 23, 2024, the Western Alliance Bancorporation stock's P/E ratio is 7.43. This takes into account the latest EPS of $7.9 and stock price of $58.73. The PE ratio has increased by 46% from its last 4 quarters average of 5.1.

WAL PE ratio history

How has WAL's PE ratio performed in the past

The PE ratio of Western Alliance Bancorporation has averaged 12.81 over the last ten years. The current price-to-earnings ratio of 7.43 is 42% 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.

Average
12.81
Median
13.95
Minimum
4.04
Maximum
19.33

Western Alliance Bancorporation PE ratio by year

Maximum annual increase: 43.06% in 2013

Maximum annual decrease: -50.53% in 2022

Year PE ratio Change
2022 6.11 -50.53%
2021 12.35 4.22%
2020 11.85 1.02%
2019 11.73 23.6%
2018 9.49 -47.71%
2017 18.15 -6.1%
2016 19.33 10.52%
2015 17.49 6.32%
2014 16.45 -8.31%
2013 17.94 43.06%

WAL average PE ratio chart

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

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

3-year avg
8.86
5-year avg
9.1
10-year avg
12.81
15-year avg
14.15

WAL PE vs peers

What is WAL's PE ratio compared to its peers

WAL's PE ratio is below its peer stocks WFC and ZION. Western Alliance Bancorporation is currently trading at a lower PE ratio (7.43) than its peers average of 11.37.

Stock name PE ratio Market cap
WAL Western Alliance Bancorporation 7.3 $6.32B
ZION Zions Bancorporation National Association 8.83 $5.69B
FIBK First Interstate Bancsystem Inc 9.73 $2.78B
NBHC National Bank Holdings Corp 9.99 $1.24B
CVBF Cvb Financial Corp 10.01 $2.39B
WFC Wells Fargo & Company 11.09 $193.68B
GBCI Glacier Bancorp Inc 17.93 $4.09B

Frequently asked questions

What is Western Alliance Bancorporation's PE ratio?

WAL stock has a price to earnings ratio of 7.43 as of Feb 23, 2024.

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 8.86.

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 9.1.

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 42% 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 (Feb 23, 2024), Western Alliance Bancorporation's share price is $58.73. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2023 is $7.9. Therefore, Western Alliance Bancorporation's price to earnings ratio for today is 7.43. PE RATIO(7.43) = STOCK PRICE($58.73) / TTM EPS($7.9)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.