As of Aug 2, 2026, WAL's PE to growth ratio of 0.54 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 9.01 measured against EPS growth of 16.6%. When compared to the trailing 4-quarter average of 0.46, WAL's PEG ratio reflects a 17% increase.
Western Alliance Bancorporation's ten years historical PEG ratio has a mean of 0.68. Compared to historical data, WAL's 0.54 PEG ratio represents a drop of 21%. 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 |
|---|---|---|---|
| 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% |
| Dec 2022 | 0.52 | 6.11 | 11.7% |
Measured against past performance, WAL's PEG ratio is lower than the 3, 5 and 10-year averages.
With a PEG of 0.54, WAL stands higher than the Financial Services sector and the industry average but lower than its peers average. Looking at the Financial Services sector average of 0.48, Western Alliance Bancorporation's PEG is 13% higher.
Compared to its peers, WAL has a PEG ratio lower than stocks WFC and GBCI, while greater than ZION's and FIBK's. At 0.54, Western Alliance Bancorporation's PEG ratio is lower than the peer group average of 0.73.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| FIBK First Interstate BancSystem Inc | 0.27 | $3.71B |
| ZION Zions Bancorporation N.A | 0.43 | $10.34B |
| WAL Western Alliance Bancorporation | 0.55 | $8.86B |
| WFC Wells Fargo & Company | 0.68 | $261.61B |
| GBCI Glacier Bancorp Inc | 1.55 | $6.51B |
| CVBF CVB Financial Corp | 3.63 | $4.02B |
| NBHC National Bank Holdings Corp | N/A | $1.94B |
WAL's Aug 2, 2026 PEG ratio comes in at 0.54.
Historical data over a 3-year period puts WAL's average PEG ratio at 0.77.
Historical data over a 5-year period puts WAL's average PEG ratio at 0.56.
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 21% lower 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 Aug 2, 2026, Western Alliance Bancorporation has a PE ratio of 9.01. Earnings grew at 16.6% over the TTM period ending Jun 2026. Applying the formula, this gives a PEG ratio of 0.54. PEG RATIO(0.54) = PE RATIO(9.01) / EPS GROWTH(16.6%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.