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SLM SLM PE ratio, current and historical analysis

As of Jun 12, 2024, the SLM stock's PE ratio is 6.4. This takes into account the latest EPS of $3.24 and stock price of $20.74. The PE ratio marks a decrease of 25% from its last 4 quarters average of 8.6.

SLM PE ratio history

How has SLM's PE ratio performed in the past

The PE ratio of SLM has averaged 11.14 over the last ten years. The current P/E ratio of 6.4 is 43% 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.

Average
11.14
Median
9.46
Minimum
3.93
Maximum
23.7

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

What is the average PE ratio of SLM for the past years

Currently, SLM's PE ratio is lower than its 3, 5 and 10-year averages.

3-year avg
7.04
5-year avg
6.62
10-year avg
11.14
15-year avg
17.36

SLM PE vs peers

What is SLM's PE ratio compared to its peers

In comparison to its peer stocks LC and WRLD, SLM's PE ratio is lower.

Stock name PE ratio Market cap
SLM SLM Corp 6.37 $4.54B
WRLD World Acceptance Corp 9.04 $710.39M
LC LendingClub Corp 24.91 $941.19M
FMCC Federal Home Loan Mortgage Corp N/A $910.08M

Frequently asked questions

What is SLM's PE ratio?

As of Jun 12, 2024, SLM stock has a price to earnings ratio of 6.4.

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 7.04.

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 6.62.

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 43% below its 10-year historical average.

Why is SLM's PE ratio so low?

SLM's PE ratio of 6.4 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 (Jun 12, 2024), SLM's share price is $20.74. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.24. Therefore, SLM's PE ratio for today is 6.4. PE RATIO(6.4) = STOCK PRICE($20.74) / TTM EPS($3.24)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.