SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
P/E ratio for SLM Corporation (SLM)
P/E ratio as of 2023: 7.61
According to SLM Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.61. At the end of 2022 the company had a P/E ratio of 9.15.
P/E ratio history for SLM Corporation from 1985 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 7.61 |
| 2022 | 9.15 |
| 2021 | 5.34 |
| 2020 | 5.40 |
| 2019 | 6.58 |
| 2018 | 7.42 |
| 2017 | 16.86 |
| 2016 | 18.84 |
| 2015 | 10.12 |
| 2014 | 22.24 |
| 2013 | 2.91 |
| 2012 | 3.10 |
| 2011 | 3.90 |
| 2010 | 4.12 |
| 2009 | 5.84 |
| 2008 | -6.98 |
| 2007 | -3.31 |
| 2006 | 6.18 |
| 2005 | 5.95 |
| 2004 | 4.34 |
| 2003 | 3.96 |
| 2002 | 7.21 |
| 2001 | 12.43 |
| 2000 | 8.32 |
| 1999 | 4.84 |
| 1998 | 5.73 |
| 1997 | 5.07 |
| 1996 | 3.31 |
| 1995 | 3.17 |
| 1994 | 2.30 |
| 1993 | 3.25 |
| 1992 | 5.74 |
| 1991 | 7.19 |
| 1990 | 5.35 |
| 1989 | 6.59 |
| 1988 | 5.38 |
| 1987 | 5.74 |
| 1986 | 7.04 |
| 1985 | 4.66 |