The historical rank and industry rank for Western Alliance Bancorp's PB Ratio or its related term are showing as below:
MEX:WAL'
s PB Ratio Range Over the Past 10 Years
Min: 0.57 Med: 1.69 Max: 3.01
Current: 1.22
During the past 13 years, Western Alliance Bancorp's highest PB Ratio was 3.01. The lowest was 0.57. And the median was 1.69.
MEX:WAL's PB Ratio is ranked worse than 59.91% of 1519
companies
in the Banks industry
Industry Median: 1.09
vs MEX:WAL: 1.22
During the past 12 months, Western Alliance Bancorp's average Book Value Per Share Growth Rate was 11.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 13.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.80% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Western Alliance Bancorp was 55.00% per year. The lowest was -29.70% per year. And the median was 17.05% per year.
Back to Basics: PB Ratio
Western Alliance Bancorp (MEX:WAL) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* 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.
For the Banks - Regional subindustry, Western Alliance Bancorp's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio vs Banks Industry
For the Banks industry and Financial Services sector, Western Alliance Bancorp's PB Ratio distribution charts can be found below:
* The bar in red indicates where Western Alliance Bancorp's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Western Alliance Bancorp (MEX:WAL) has a PB Ratio of 0.65 as of Jun. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Western Alliance Bancorp and its competitors. This is 62% below median its historical median of 1.69. Over the past decade, Western Alliance Bancorp's PB Ratio has ranged from 0.57 to 3.01. According to the industry distribution chart, Western Alliance Bancorp ranks #910 out of 1519 companies in the Banks industry, placing it in the top 59.9%.
Is Western Alliance Bancorp's PB Ratio too high?
Western Alliance Bancorp's current PB Ratio of 0.65 is 62% below median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 3.01. The Banks industry median PB Ratio is 1.09. Western Alliance Bancorp's value of 0.65 is 40.4% below this industry median. Based on the distribution chart, Western Alliance Bancorp ranks #910 out of 1519 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 PB Ratio compare to COLB and BOKF?
According to the Banks industry distribution chart, Western Alliance Bancorp ranks #910 out of 1519 companies for PB Ratio. This places Western Alliance Bancorp in the lower half of its industry. The industry median PB Ratio is 1.09. Western Alliance Bancorp's value of 0.65 is 40.4% below this benchmark. Historically, Western Alliance Bancorp's own PB Ratio has ranged from 0.57 to 3.01 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.09, Western Alliance Bancorp has consistently been below 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 PB Ratio for a Banks company?
The median PB Ratio among Banks companies is 1.09, based on 1,519 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Alliance Bancorp's current PB Ratio of 0.65 is 40.4% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Western Alliance Bancorp and its competitors. For the Banks industry, the median PB Ratio is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Alliance Bancorp's current PB Ratio is 0.65, which is 62% below median its own 10-year median of 1.69. 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 PB Ratio of 0.65. The stock's GF Value™ is MXN876.73, compared to a current price of MXN780.30 — trading 11% below its estimated fair value. The current PB Ratio is 0.65, which is 62% below median its 10-year median of 1.69 and 40.4% below the Banks industry median of 1.09. Western Alliance Bancorp's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Western Alliance Bancorp (MEX:WAL), the current PB Ratio is 0.65 as of Jun. 29, 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 11% below its estimated GF Value™ of MXN876.73.
Key valuation signals for MEX:WAL:
PB Ratio: 0.65 (62% below median its 10-year median of 1.69)
GF Value™: MXN876.73 vs. price of MXN780.30 (11% below fair value)
Industry Position: 40.4% below the Banks median (#910 of 1519)
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 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
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:WAL has been successfully added to your 
