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SLM (SLM) PB Ratio

: 2.81 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-19), SLM's share price is $20.81. SLM's Book Value per Share for the quarter that ended in Dec. 2023 was $7.40. Hence, SLM's PB Ratio of today is 2.81.

The historical rank and industry rank for SLM's PB Ratio or its related term are showing as below:

SLM' s PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 2.27   Max: 3.54
Current: 2.81

During the past 13 years, SLM's highest PB Ratio was 3.54. The lowest was 0.70. And the median was 2.27.

SLM's PB Ratio is ranked worse than
83.2% of 512 companies
in the Credit Services industry
Industry Median: 1.025 vs SLM: 2.81

During the past 12 months, SLM's average Book Value Per Share Growth Rate was 20.60% 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.

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.

Back to Basics: PB Ratio


SLM PB Ratio Historical Data

The historical data trend for SLM's PB Ratio 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.29 2.01 2.89 2.71 2.59

SLM Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 2.71 1.90 2.37 1.99 2.59

Competitive Comparison

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 PB Ratio Distribution

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 PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

SLM's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=20.81/7.396
=2.81

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


SLM  (NAS:SLM) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


SLM PB Ratio Related Terms

Thank you for viewing the detailed overview of SLM's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


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