SLM SLM PE ratio, current and historical analysis
As of Nov 21, 2024, the SLM stock's PE ratio is 8.51. This takes into account the latest EPS of $2.92 and stock price of $24.86. The PE ratio marks an increase of 18% from its last 4 quarters average of 7.2.
SLM PE ratio history
The PE ratio of SLM has averaged 10.64 over the last ten years. The current P/E ratio of 8.51 is 20% lower than the historical average. Looking back at the last ten years, SLM's PE ratio peaked in the Dec 2014 quarter at 23.7, when the price was $10.19 and the EPS was $0.43. The lowest point was in the Mar 2020 quarter, when it reached 3.93 with a price of $7.19 and an EPS of $1.83.
SLM PE ratio by year
Maximum annual increase: 87.76% in 2016
Maximum annual decrease: -57.13% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.84 | -15.97% |
| 2022 | 9.33 | 74.07% |
| 2021 | 5.36 | -1.83% |
| 2020 | 5.46 | -19.71% |
| 2019 | 6.8 | -11.57% |
| 2018 | 7.69 | -57.13% |
| 2017 | 17.94 | -12.1% |
| 2016 | 20.41 | 87.76% |
| 2015 | 10.87 | -54.14% |
| 2014 | 23.7 | -46.79% |
SLM average PE ratio chart
Currently, SLM's PE ratio is higher than its 3 and 5-year averages, but it is lower than its 10-year average.
SLM PE vs peers
In comparison to its peer LC, SLM's PE ratio is lower, but it is higher than WRLD's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WRLD World Acceptance Corp | 7.9 | $675.98M |
| SLM SLM Corp | 8.51 | $5.28B |
| LC LendingClub Corp | 34.57 | $1.79B |
| FMCC Federal Home Loan Mortgage Corp | N/A | $2.02B |
Frequently asked questions
What is SLM's PE ratio?
As of Nov 21, 2024, SLM stock has a price to earnings ratio of 8.51.
What is the 3-year average PE ratio for SLM (SLM)?
Over the last 3 years, the average price to earnings ratio for SLM stock is 7.36.
What is the 5-year average PE ratio for SLM (SLM)?
Over the last 5 years, the average price to earnings ratio for SLM stock is 6.6.
What is the highest PE ratio for SLM?
Over the last ten years, the quarterly PE ratio reached its highest level at 23.7 in the Dec 2014 quarter.
How does the current PE ratio for SLM compare to its historical average?
SLM's price to earnings ratio is currently 20% below its 10-year historical average.
Why is SLM's PE ratio so low?
SLM's PE ratio of 8.51 is considered low because the company's stock price is trading at a lower multiple of earnings.
How is SLM's PE ratio calculated (SLM PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), SLM's share price is $24.86. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.92. Therefore, SLM's PE ratio for today is 8.51. PE RATIO(8.51) = STOCK PRICE($24.86) / TTM EPS($2.92)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.