Western Alliance Bancorp (MEX:WAL) Cyclically Adjusted PS Ratio: 3.86 (As of Aug. 04, 2026) — 48% Below Median

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MEX:WAL Western Alliance Bancorp MEX:WAL
86 GF Score
Price MXN780.30
GF Value MXN887.05
! 3 Warning Signs
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What is Western Alliance Bancorp Cyclically Adjusted PS Ratio?

Western Alliance Bancorp MEX:WAL 86 Cyclically Adjusted PS Ratio is 3.86 as of Aug. 04, 2026, which is 48% below its 10-year median of 7.49. GuruFocus rates MEX:WAL with a GF Score™ of 86/100 and a GF Value™ of MXN887.05. The stock has 3 warning signs investors should review. Among 1,299 Banks companies, Western Alliance Bancorp ranks worse than 60.59% on this metric.

As of today (2026-08-04), Western Alliance Bancorp's current share price is MXN780.30. Western Alliance Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN202.10. Western Alliance Bancorp's Cyclically Adjusted PS Ratio for today is 3.86.

The historical rank and industry rank for Western Alliance Bancorp's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:WAL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.24   Med: 7.49   Max: 14.3
Current: 3.89

During the past years, Western Alliance Bancorp's highest Cyclically Adjusted PS Ratio was 14.30. The lowest was 2.24. And the median was 7.49.

MEX:WAL's Cyclically Adjusted PS Ratio is ranked worse than
60.59% of 1299 companies
in the Banks industry
Industry Median: 3.41 vs MEX:WAL: 3.89

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Western Alliance Bancorp's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN158.027. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN202.10 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Western Alliance Bancorp  (MEX:WAL) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Western Alliance Bancorp Cyclically Adjusted PS Ratio Related Terms


Western Alliance Bancorp Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Western Alliance Bancorp's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Western Alliance Bancorp Cyclically Adjusted PS Ratio Chart

Western Alliance Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.79 5.15 4.77 5.09 4.36

Western Alliance Bancorp Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.36 4.65 4.36 3.48 3.86

MEX:WAL vs COLB, PB, BOKF: Cyclically Adjusted PS Ratio Comparison

For the Banks - Regional subindustry, Western Alliance Bancorp's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Alliance Bancorp Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Western Alliance Bancorp's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Western Alliance Bancorp's Cyclically Adjusted PS Ratio falls into.


MEX:WAL
86GF Score
Western Alliance Bancorp MEX:WAL
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Alliance Bancorp Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Western Alliance Bancorp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=780.30/202.10
=3.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Western Alliance Bancorp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Western Alliance Bancorp's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=158.027/333.9520*333.9520
=158.027

Current CPI (Jun. 2026) = 333.9520.

Western Alliance Bancorp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 33.717 241.428 46.639
201612 36.364 241.432 50.299
201703 33.845 243.801 46.360
201706 34.614 244.955 47.190
201709 36.237 246.819 49.030
201712 41.630 246.524 56.394
201803 38.908 249.554 52.067
201806 43.920 251.989 58.206
201809 41.865 252.439 55.383
201812 47.108 251.233 62.618
201903 48.276 254.202 63.421
201906 49.618 256.143 64.691
201909 53.952 256.759 70.172
201912 54.430 256.974 70.735
202003 63.012 258.115 81.526
202006 73.240 257.797 94.876
202009 66.847 260.280 85.768
202012 68.629 260.474 87.989
202103 67.996 264.877 85.728
202106 93.504 271.696 114.929
202109 105.719 274.310 128.705
202112 105.043 278.802 125.822
202203 101.367 287.504 117.743
202206 111.387 296.311 125.537
202209 120.858 296.808 135.983
202212 125.787 296.797 141.534
202303 89.010 301.836 98.481
202306 102.848 305.109 112.571
202309 113.712 307.789 123.378
202312 104.217 306.746 113.460
202403 108.683 312.332 116.206
202406 126.813 314.175 134.796
202409 144.647 315.301 153.203
202412 156.151 315.605 165.228
202503 142.162 319.799 148.454
202506 141.872 322.561 146.882
202509 154.238 324.800 158.584
202512 158.820 324.054 163.671
202603 166.259 330.213 168.142
202606 158.027 333.952 158.027

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 3.86 mean?
Western Alliance Bancorp (MEX:WAL) has a Cyclically Adjusted PS Ratio of 3.86 as of Aug. 04, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Western Alliance Bancorp and its competitors. This is 48% below median its historical median of 7.49. Over the past decade, Western Alliance Bancorp's Cyclically Adjusted PS Ratio has ranged from 2.24 to 14.30. According to the industry distribution chart, Western Alliance Bancorp ranks #787 out of 1299 companies in the Banks industry, placing it in the top 60.6%.
Is Western Alliance Bancorp's Cyclically Adjusted PS Ratio too high?
Western Alliance Bancorp's current Cyclically Adjusted PS Ratio of 3.86 is 48% below median its 10-year median of 7.49. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 14.30. The Banks industry median Cyclically Adjusted PS Ratio is 3.41. Western Alliance Bancorp's value of 3.86 is 13.2% above this industry median. Based on the distribution chart, Western Alliance Bancorp ranks #787 out of 1299 companies in the Banks industry, which is below the industry midpoint. Overall, Western Alliance Bancorp has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Western Alliance Bancorp's Cyclically Adjusted PS Ratio compare to COLB and PB?
According to the Banks industry distribution chart, Western Alliance Bancorp ranks #787 out of 1299 companies for Cyclically Adjusted PS Ratio. This places Western Alliance Bancorp in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.41. Western Alliance Bancorp's value of 3.86 is 13.2% above this benchmark. Historically, Western Alliance Bancorp's own Cyclically Adjusted PS Ratio has ranged from 2.24 to 14.30 over the past decade. While the company's 10-year median is 7.49 vs. the industry median of 3.41, Western Alliance Bancorp has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Banks company?
The median Cyclically Adjusted PS Ratio among Banks companies is 3.41, based on 1,299 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Alliance Bancorp's current Cyclically Adjusted PS Ratio of 3.86 is 13.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Western Alliance Bancorp and its competitors. For the Banks industry, the median Cyclically Adjusted PS Ratio is 3.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Alliance Bancorp's current Cyclically Adjusted PS Ratio is 3.86, which is 48% below median its own 10-year median of 7.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Alliance Bancorp stock overvalued right now?
Western Alliance Bancorp (MEX:WAL) has a current Cyclically Adjusted PS Ratio of 3.86. The stock's GF Value™ is MXN887.05, compared to a current price of MXN780.30 — trading 12% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.86, which is 48% below median its 10-year median of 7.49 and 13.2% above the Banks industry median of 3.41. Western Alliance Bancorp's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Western Alliance Bancorp (MEX:WAL), the current Cyclically Adjusted PS Ratio is 3.86 as of Aug. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Western Alliance Bancorp (MEX:WAL) Overvalued in 2026?

Based on GuruFocus' analysis, Western Alliance Bancorp stock appears to be undervalued. The current stock price of MXN780.30 is trading 12% below its estimated GF Value™ of MXN887.05.

Key valuation signals for MEX:WAL:

  • Cyclically Adjusted PS Ratio: 3.86 (48% below median its 10-year median of 7.49)
  • GF Value™: MXN887.05 vs. price of MXN780.30 (12% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 13.2% above the Banks median (#787 of 1299)

No single metric tells the full story. See the MEX:WAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Alliance Bancorp Business Description

Address One East Washington Street, Suite 1400, Phoenix, AZ, USA, 85004
Western Alliance Bancorp provides a full spectrum of customized loan, deposit, and treasury management capabilities, including funds transfer and other digital payment offerings. The company's reportable segments are Commercial segment includes provides commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. Consumer Related segment offers both commercial banking services to enterprises in consumer-related sectors and consumer banking services, such as residential mortgage banking and Corporate & Other.
86GF Score

Get the complete analysis for MEX:WAL

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN780.30
Price
MXN887.05
GF Value