As of Nov 11, 2026, WAL's PE to growth ratio of 0.73 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 8.33 measured against EPS growth of 11.4%. When compared to the trailing 4-quarter average of 0.54, WAL's PEG ratio reflects a 36% increase.
Western Alliance Bancorporation's ten years historical PEG ratio has a mean of 0.68. Compared to historical data, WAL's 0.73 PEG ratio represents an increase of 7%. WAL hit its maximum PEG ratio of 2.89 during the Dec 2020 quarter over the last ten years. The Sep 2021 quarter marked the lowest reading at 0.15, indicating the most favorable growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.41 | 9.56 | 23.1% |
| 2024 | 1.3 | 11.7 | 9% |
| 2023 | N/A | 10.04 | -32.8% |
| 2022 | 0.52 | 6.11 | 11.7% |
| 2021 | 0.17 | 12.35 | 72.3% |
| 2020 | 2.89 | 11.85 | 4.1% |
| 2019 | 0.7 | 11.73 | 16.8% |
| 2018 | 0.28 | 9.49 | 33.3% |
| 2017 | 0.76 | 18.15 | 23.8% |
| 2016 | 0.84 | 19.33 | 22.9% |
| 2015 | 0.82 | 17.49 | 21.3% |
| 2014 | 0.61 | 16.45 | 27.1% |
| 2013 | 0.31 | 17.94 | 58.3% |
| 2012 | 0.04 | 12.54 | 342.1% |
| 2011 | 0.18 | 32.79 | 182.6% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 0.73 | 8.27 | 11.4% |
| Jun 2026 | 0.55 | 9.2 | 16.6% |
| Mar 2026 | 0.46 | 8.2 | 17.9% |
| Dec 2025 | 0.41 | 9.56 | 23.1% |
| Sep 2025 | 0.42 | 10.64 | 25.4% |
| Jun 2025 | 0.68 | 10.18 | 15% |
| Mar 2025 | 1.56 | 10.48 | 6.7% |
| Dec 2024 | 1.3 | 11.7 | 9% |
| Sep 2024 | N/A | 13.31 | -17.7% |
| Jun 2024 | N/A | 9.43 | -20.3% |
| Mar 2024 | N/A | 9.34 | -21.9% |
| Dec 2023 | N/A | 10.04 | -32.8% |
| Sep 2023 | N/A | 5.82 | -15.9% |
| Jun 2023 | N/A | 4.36 | -9.6% |
| Mar 2023 | N/A | 4.04 | -2.5% |
Measured against past performance, WAL's PEG ratio sits above the 5 and 10-year averages, but it is lower than the 3-year average.
With a PEG of 0.73, WAL stands higher than the Financial Services sector, the industry and its peers average. Looking at the Financial Services sector average of 0.51, Western Alliance Bancorporation's PEG is 43% higher.
WAL reports a PEG ratio higher than that of peer stocks WFC and ZION. At 0.73, Western Alliance Bancorporation's PEG ratio is higher than the peer group average of 0.45.
WAL's Nov 11, 2026 PEG ratio comes in at 0.73.
Historical data over a 3-year period puts WAL's average PEG ratio at 0.76.
Historical data over a 5-year period puts WAL's average PEG ratio at 0.6.
In the last ten years, WAL's peak PEG ratio of 2.89 occurred in the Dec 2020 quarter.
At present, WAL's PEG ratio is 7% higher than its 10-year historical average.
Computing the PEG ratio involves dividing the PE ratio by the company's earnings per share growth (YoY TTM). As of Nov 11, 2026, Western Alliance Bancorporation has a PE ratio of 8.33. Earnings grew at 11.4% over the TTM period ending Sep 2026. Applying the formula, this gives a PEG ratio of 0.73. PEG RATIO(0.73) = PE RATIO(8.33) / EPS GROWTH(11.4%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.