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SLM (SLM) Book Value per Share : $8.46 (As of Mar. 2024)


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What is SLM Book Value per Share?

SLM's book value per share for the quarter that ended in Mar. 2024 was $8.46.

During the past 12 months, SLM's average Book Value Per Share Growth Rate was 30.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of SLM was 41.00% per year. The lowest was -31.50% per year. And the median was 9.05% per year.

SLM's current price is $21.90. Its book value per share for the quarter that ended in Mar. 2024 was $8.46. Hence, today's PB Ratio of SLM is 2.59.

During the past 13 years, the highest P/B Ratio of SLM was 3.54. The lowest was 0.70. And the median was 2.27.


SLM Book Value per Share Historical Data

The historical data trend for SLM's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SLM Book Value per Share Chart

SLM Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.92 6.16 6.81 6.13 7.40

SLM Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.51 6.88 6.84 7.40 8.46

Competitive Comparison of SLM's Book Value per Share

For the Credit Services subindustry, SLM's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SLM's PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SLM's PB Ratio distribution charts can be found below:

* The bar in red indicates where SLM's PB Ratio falls into.



SLM Book Value per Share Calculation

SLM's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,881-251)/220
=7.40

SLM's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,114-251)/220
=8.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


SLM  (NAS:SLM) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


SLM Book Value per Share Related Terms

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SLM (SLM) Business Description

Traded in Other Exchanges
Address
300 Continental Drive, Newark, DE, USA, 19713
SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.
Executives
Peter M Graham officer: EVP 150 CORPORATE BLVD, NORFOLK VA 23502
Nicolas Jafarieh officer: SVP, General Counsel SLM CORPORATION, 300 CONTINENTAL DRIVE, NEWARK DE 19713
Munish Pahwa officer: Chief Risk Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Jonathan Boyles officer: SVP & Controller 300 CONTINENTAL DRIVE., NEWARK DE 19713
Steven Mcgarry officer: Chief Financial Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Richard Scott Blackley director 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Samuel Theron Ramsey director 6612 SAIN MILLING ROAD, VALE NC 28168
Robert S. Strong director 300 CONTINENTAL DR., NEWARK DE 19713
Ted Manvitz director 300 CONTINENTAL DRIVE, NEWARK DE 19713
Franke Mary Carter Warren director 300 CONTINENTAL DRIVE, NEWARK DE 19713
Kerri A. Palmer officer: EVP & Chief Risk and Comp Off 300 CONTINENTAL DRIVE, NEWARK DE 19713
Paul F Thome officer: EVP & Chief Admin Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Daniel P Kennedy officer: SVP, Chief Operational Officer 300 CONTINENTAL DRIVE, NEWARK DE 19713
Jonathan W. Witter director, officer: CEO 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Earl A Goode director 300 CONTINENTAL DRIVE, NEWARKD DE 19713