As at Sep 28, 2023, the NAVI stock has a PE ratio of 5.8. This is based on the current EPS of $2.98 and the stock price of $17.27 per share. An increase of 28% has been seen in the P/E ratio compared to the average of 4.5 of the last 4 quarters.
The mean historical PE ratio of Navient over the last ten years is 6.3. The current 5.8 PE ratio is 8% below the historical average. Over the past ten years, NAVI's PE ratio was at its highest in the Sep 2018 quarter at 14.34, with a price of $13.48 and an EPS of $0.94. The Mar 2021 quarter recorded the bottom point at 3.03, with a price of $14.31 and an EPS of $4.73.
Maximum annual increase: 74.83% in 2016
Maximum annual decrease: -53.86% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 3.62 | -27.89% |
| 2021 | 5.02 | 9.37% |
| 2020 | 4.59 | -13.07% |
| 2019 | 5.28 | -8.97% |
| 2018 | 5.8 | -53.86% |
| 2017 | 12.57 | 64.53% |
| 2016 | 7.64 | 74.83% |
| 2015 | 4.37 | -45.17% |
| 2014 | 7.97 | N/A |
| 2013 | N/A | N/A |
Currently, NAVI's PE ratio is greater than its 3 and 5-year historical averages.
Compared to its peer stocks SCHW and NNI, NAVI's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NAVI Navient Corp | 5.78 | $2.09B |
| LC LendingClub Corp | 7.24 | $660.86M |
| SCHW Schwab Charles Corp | 15.81 | $99.61B |
| NNI Nelnet Inc | 17.41 | $3.31B |
| CIM Chimera Investment Corp | N/A | $1.24B |
NAVI stock has a price to earnings ratio of 5.8 as of Sep 28, 2023.
As an average over the last 3 years, NAVI stock has a PE ratio of 4.22.
As an average over the last 5 years, NAVI stock has a PE ratio of 5.31.
The highest quarterly PE ratio in the last ten years has been 14.34 and it was in the Sep 2018 quarter.
NAVI's current price to earnings ratio is 8% below its 10-year historical average.
NAVI's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Sep 28, 2023), Navient's stock price is $17.27. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $2.98. Therefore, Navient's P/E ratio for today is 5.8. PE RATIO(5.8) = STOCK PRICE($17.27) / TTM EPS($2.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.