Western Alliance Bancorp (BSP:WABC34) E10: R$47.38 (As of Mar. 2026)

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BSP:WABC34 Western Alliance Bancorp BSP:WABC34
83 GF Score
Price R$416.22
GF Value R$479.62
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Western Alliance Bancorp E10?

Western Alliance Bancorp BSP:WABC34 83 E10 is R$47.38 as of Mar. 2026. GuruFocus rates BSP:WABC34 with a GF Score™ of 83/100 and a GF Value™ of R$479.62 (Modestly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Western Alliance Bancorp's adjusted earnings per share data for the three months ended in Mar. 2026 was R$8.629. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$47.38 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Western Alliance Bancorp's average E10 Growth Rate was 12.10% per year. During the past 3 years, the average E10 Growth Rate was 12.50% per year. During the past 5 years, the average E10 Growth Rate was 19.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Western Alliance Bancorp was 60.70% per year. The lowest was 12.50% per year. And the median was 28.60% per year.

As of today (2026-07-14), Western Alliance Bancorp's current stock price is R$416.22. Western Alliance Bancorp's E10 for the quarter that ended in Mar. 2026 was R$47.38. Western Alliance Bancorp's Shiller PE Ratio of today is 8.78.

During the past 13 years, the highest Shiller PE Ratio of Western Alliance Bancorp was 1056.00. The lowest was 5.39. And the median was 15.56.


Western Alliance Bancorp  (BSP:WABC34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Western Alliance Bancorp's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=416.22/47.38
=8.78

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Western Alliance Bancorp was 1056.00. The lowest was 5.39. And the median was 15.56.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Western Alliance Bancorp E10 Related Terms


Western Alliance Bancorp E10 Historical Data

* Premium members only.

The historical data trend for Western Alliance Bancorp's E10 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 E10 Chart

Western Alliance Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.20 24.41 27.14 40.80 35.89

Western Alliance Bancorp Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 35.66 31.06 37.46 35.89 47.38

BSP:WABC34 vs COLB, BOKF, CBSH: E10 Comparison

For the Banks - Regional subindustry, Western Alliance Bancorp's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Banks Industry

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

* The bar in red indicates where Western Alliance Bancorp's Shiller PE Ratio falls into.


BSP:WABC34
83GF Score
Western Alliance Bancorp BSP:WABC34
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Western Alliance Bancorp E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Western Alliance Bancorp's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=8.629/330.2130*330.2130
=8.629

Current CPI (Mar. 2026) = 330.2130.

Western Alliance Bancorp Quarterly Data

per share eps CPI Adj_EPS
201606 2.054 241.018 2.814
201609 2.082 241.428 2.848
201612 2.247 241.432 3.073
201703 2.189 243.801 2.965
201706 2.505 244.955 3.377
201709 2.475 246.819 3.311
201712 2.801 246.524 3.752
201803 3.148 249.554 4.165
201806 3.733 251.989 4.892
201809 4.314 252.439 5.643
201812 4.388 251.233 5.767
201903 4.455 254.202 5.787
201906 4.588 256.143 5.915
201909 5.108 256.759 6.569
201912 5.131 256.974 6.593
202003 4.056 258.115 5.189
202006 4.825 257.797 6.180
202009 7.344 260.280 9.317
202012 9.929 260.474 12.587
202103 10.707 264.877 13.348
202106 10.912 271.696 13.262
202109 12.036 274.310 14.489
202112 13.119 278.802 15.538
202203 11.048 287.504 12.689
202206 12.064 296.311 13.444
202209 12.690 296.808 14.118
202212 14.005 296.797 15.582
202303 6.667 301.836 7.294
202306 9.513 305.109 10.296
202309 9.729 307.789 10.438
202312 6.517 306.746 7.016
202403 7.968 312.332 8.424
202406 9.426 314.175 9.907
202409 9.968 315.301 10.439
202412 11.897 315.605 12.448
202503 10.307 319.799 10.643
202506 11.480 322.561 11.752
202509 12.228 324.800 12.432
202512 14.130 324.054 14.399
202603 8.629 330.213 8.629

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of R$47.38 mean?
Western Alliance Bancorp (BSP:WABC34) has a E10 of R$47.38 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Western Alliance Bancorp and its competitors.
Is Western Alliance Bancorp's E10 too high?
Western Alliance Bancorp's current E10 is R$47.38. Overall, Western Alliance Bancorp has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Western Alliance Bancorp's E10 compare to COLB and BOKF?
Western Alliance Bancorp's E10 of R$47.38 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Banks company?
A good E10 depends on the Banks industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Western Alliance Bancorp and its competitors. Western Alliance Bancorp's current E10 is R$47.38. 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?
Based on GuruFocus' analysis, Western Alliance Bancorp (BSP:WABC34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$479.62, compared to a current price of R$416.22 — trading 13.2% below its estimated fair value. The current E10 is R$47.38. Western Alliance Bancorp's overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Western Alliance Bancorp (BSP:WABC34), the current E10 is R$47.38 as of Mar. 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 (BSP:WABC34) Overvalued in 2026?

Based on GuruFocus' analysis, Western Alliance Bancorp stock appears to be undervalued. The current stock price of R$416.22 is trading 13.2% below its estimated GF Value™ of R$479.62. GuruFocus considers Western Alliance Bancorp to be Modestly Undervalued.

Key valuation signals for BSP:WABC34:

  • E10: R$47.38
  • GF Value™: R$479.62 vs. price of R$416.22 (13.2% below fair value)
  • GF Score™: 83/100 with 2 warning signs

No single metric tells the full story. See the BSP:WABC34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Alliance Bancorp Business Description

Other Exchanges WAL:USAWEA:Germany
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.
83GF Score

Get the complete analysis for BSP:WABC34

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$416.22
Price
R$479.62
GF Value