Alex Palmer was presented with the Sky Bet Championship Golden Glove trophy at the club's training ground earlier this week.
The Baggies stopper recorded 18 shutouts in the 2023/24 season, the same number as Leeds United's Illan Meslier.
The 27-year-old collected 12 of the 18 clean sheets at The Hawthorns, with the other six arriving away from home.
Palmer says winning the award makes him extremely proud, but was also keen to praise the team as a whole.
He said: “I’m delighted to win the Golden Glove. It’s been a massive collective team effort.
“The way the gaffer sets us up has been key as well, because sometimes opposition teams have been limited to just a few chances against us.
“But there have been times where I’ve had to stay sharp and focused to make those crucial saves - whether that’s been in the last minute against Norwich, the penalty against Millwall or in the latter stages against QPR.
“The clean sheets award is a massive one for me and I’d be lying if I said I hadn’t been keeping an eye on them this season. Going into the final day, I was hoping we could keep one more and match the highest number.
“It’s a proud achievement and one you want to get, and it comes as a result of a team effort this season.”