Western Alliance Ban
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
16.2817.4519.3118.129.4811.7211.8512.296.039.8612.659.48
Price/Sales ratio
5.906.557.227.304.485.565.015.992.772.782.225.56
Price/Book Value ratio
2.402.132.652.641.581.931.752.221.191.171.361.93
Price/Cash Flow ratio
70.3826.65-1.61K15.367.648.158.96-4.162.84-21.6826.657.64
Price/Free Cash Flow ratio
118.6226.72-366.7915.737.808.579.33-4.053.03-16.0829.347.80
Price/Earnings Growth ratio
0.600.810.840.760.280.692.880.160.51-0.303.010.28
Dividend Yield
0.05%0.02%N/AN/AN/A0.87%1.68%1.15%2.60%2.40%1.78%1.78%
Profitability Indicator Ratios
Gross Profit Margin
100.25%100%100%100%100%100%100%100%100%100%115.34%100%
Operating Profit Margin
36.50%56.26%58.25%64.86%68.06%57.44%51.93%60.90%78.90%33.83%38.27%57.44%
Pretax Profit Margin
48.35%49.97%52.01%55.92%55.31%57.44%51.93%60.90%57.29%36.51%22.78%57.44%
Net Profit Margin
36.22%37.54%37.41%40.29%47.23%47.46%42.26%48.76%46.02%28.25%17.37%47.46%
Effective Tax Rate
24.50%24.86%28.06%27.95%14.60%17.38%18.61%19.92%19.66%22.62%23.76%14.60%
Return on Assets
1.39%1.36%1.51%1.60%1.88%1.86%1.38%1.60%1.56%1.01%0.89%1.86%
Return On Equity
14.78%12.20%13.73%14.60%16.67%16.54%14.84%18.11%19.74%11.88%11.38%16.54%
Return on Capital Employed
1.45%2.09%2.40%2.67%2.79%2.29%1.72%2.03%2.82%1.22%3.19%2.79%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.49N/A
Quick Ratio
24.6129.3340.2221.9227.457.2615.627.292.03N/A0.497.26
Cash ratio
0.450.550.810.570.730.835.650.560.28N/A0.080.83
Days of Sales Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Days of Payables Outstanding
-63.55KN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
63.55KN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Debt Ratios
Debt Ratio
0.040.020.020.030.020.010.010.020.030.110.040.02
Debt Equity Ratio
0.430.220.230.340.220.150.160.330.411.300.580.22
Long-term Debt to Capitalization
0.200.110.160.140.120.130.130.250.290.180.250.12
Total Debt to Capitalization
0.300.180.190.250.180.130.130.250.290.560.360.18
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.01N/A
Cash Flow to Debt Ratio
0.070.35-0.000.500.901.521.21-1.581.02-0.040.081.52
Company Equity Multiplier
10.598.969.099.118.848.8910.6811.2812.6411.6511.998.84
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.080.24-0.000.470.580.680.55-1.430.97-0.120.080.68
Free Cash Flow / Operating Cash Flow Ratio
0.590.994.40.970.970.950.961.020.931.340.910.95
Cash Flow Coverage Ratio
0.070.35-0.000.500.901.521.21-1.581.02-0.040.081.52
Short Term Coverage Ratio
0.190.84-0.030.982.30N/A134.04N/AN/A-0.040.21N/A
Dividend Payout Ratio
0.93%0.38%N/AN/AN/A10.28%19.99%14.19%15.71%23.74%24.41%24.41%