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Western Alliance Bancorp (STU:WEA) Price-to-Tangible-Book : 1.62 (As of Jun. 06, 2024)


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What is Western Alliance Bancorp Price-to-Tangible-Book?

As of today (2024-06-06), Western Alliance Bancorp's share price is €54.64. Western Alliance Bancorp's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was €33.68. Hence, Western Alliance Bancorp's Price to Tangible Book Ratio of today is 1.62.

The historical rank and industry rank for Western Alliance Bancorp's Price-to-Tangible-Book or its related term are showing as below:

STU:WEA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.07   Med: 2.55   Max: 3.59
Current: 1.62

During the past 13 years, Western Alliance Bancorp's highest Price to Tangible Book Ratio was 3.59. The lowest was 1.07. And the median was 2.55.

STU:WEA's Price-to-Tangible-Book is ranked worse than
83.68% of 1440 companies
in the Banks industry
Industry Median: 0.91 vs STU:WEA: 1.62

A closely related ratio is called PB Ratio. As of today, Western Alliance Bancorp's share price is €54.64. Western Alliance Bancorp's Book Value per Sharefor the quarter that ended in Mar. 2024 was €49.07. Hence, Western Alliance Bancorp's P/B Ratio of today is 1.11.


Western Alliance Bancorp Price-to-Tangible-Book Historical Data

The historical data trend for Western Alliance Bancorp's Price-to-Tangible-Book 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.

* Premium members only.

Western Alliance Bancorp Price-to-Tangible-Book Chart

Western Alliance Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.81

Western Alliance Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book 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 1.05 1.08 1.39 1.81 1.74

Competitive Comparison of Western Alliance Bancorp's Price-to-Tangible-Book

For the Banks - Regional subindustry, Western Alliance Bancorp's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Western Alliance Bancorp's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Western Alliance Bancorp's Price-to-Tangible-Book falls into.



Western Alliance Bancorp Price-to-Tangible-Book Calculation

Western Alliance Bancorp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=54.64/33.675
=1.62

* 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 PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Western Alliance Bancorp Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Western Alliance Bancorp's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Alliance Bancorp (STU:WEA) Business Description

Traded in Other Exchanges
Address
One East Washington Street, Suite 1400, Phoenix, AZ, USA, 85004
Western Alliance Bancorporation is a Las Vegas-based holding company with regional banks operating in Nevada, Arizona, and California. The bank offers retail banking services and focuses on mortgages for retail customers and commercial loans, mainly for real estate. The bank also has an investment advisory business that manages investment portfolios for Western clients and clients of other banks.