P/E ratio for Navient (NAVI)
P/E ratio as of April 2024 (TTM): 5.65
According to Navient's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.64561. At the end of 2022 the company had a P/E ratio of 3.69.
P/E ratio history for Navient from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.69 | -29.26% |
| 2021 | 5.21 | 16.81% |
| 2020 | 4.46 | -15.16% |
| 2019 | 5.26 | -9.82% |
| 2018 | 5.83 | -54.45% |
| 2017 | 12.8 | 67.6% |
| 2016 | 7.64 | 76.86% |
| 2015 | 4.32 | -45.22% |
| 2014 | 7.89 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Charles Schwab SCHW | 24.9 | 341.00% | 🇺🇸 USA |
 Nelnet NNI | 18.7 | 230.39% | 🇺🇸 USA |
 LendingClub
LC | 16.7 | 196.06% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.