P/E ratio for Sallie Mae (SLM)
P/E ratio as of April 2024 (TTM): 16.1
According to Sallie Mae's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.125. At the end of 2022 the company had a P/E ratio of 9.65.
P/E ratio history for Sallie Mae from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.65 | 72.71% |
| 2021 | 5.59 | 1.48% |
| 2020 | 5.51 | -19.04% |
| 2019 | 6.80 | -11.6% |
| 2018 | 7.69 | -57.1% |
| 2017 | 17.9 | -13.74% |
| 2016 | 20.8 | 91.34% |
| 2015 | 10.9 | -54.14% |
| 2014 | 23.7 | 581.23% |
| 2013 | 3.48 | -73.86% |
| 2012 | 13.3 | 233.48% |
| 2011 | 3.99 | -16.63% |
| 2010 | 4.79 | -56.03% |
| 2009 | 10.9 | -336.15% |
| 2008 | -4.61 | 44.74% |
| 2007 | -3.18 | -149.88% |
| 2006 | 6.38 | 5.39% |
| 2005 | 6.06 | 38.43% |
| 2004 | 4.38 | 9.74% |
| 2003 | 3.99 | -45.6% |
| 2002 | 7.33 | -43.36% |
| 2001 | 12.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 World Acceptance Corporation WRLD | 14.8 | -8.33% | 🇺🇸 USA |
 LendingClub
LC | 16.7 | 3.78% | 🇺🇸 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.