Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 7.24 as of 2026-10-06T20:04:23.209Z.
Consensus retrieved: 2026-10-06T16:26:46.189Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-10-06T20:04:23.209Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 3a38ef828097fc208ffe9e949ce6a96015976ff784a3c187e582427da385bce4
Forward PE Ratio (7.24) = Dated Quote Price ($22.58) / Consensus Forward EPS ($3.12)
FORWARD PE RATIO
7.24
SECTOR MEDIAN · FINANCIAL SERVICES
11.14
median of 402 covered companies
CURRENT VS SECTOR MEDIAN
-35.01%
vs the sector median at left
SLM Corporation
Market Cap
$4.25B
Forward PE Ratio
7.24
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| SLM Corporation (SLM) | $4.25B | 7.24 |
| Fulton Financial Corporation (FULT)vs › | $4.28B | 10.70 |
| International Bancshares Corporation (IBOC)vs › | $4.29B | 10.79 |
| Marathon Digital Holdings, Inc. (MARA)vs › | $4.18B | N/A |
| Defiance Quantum ETF (QTUM)vs › | $4.14B | N/A |
| Texas Capital Bancshares, Inc. (TCBI)vs › | $4.04B | 12.62 |
| Cathay General Bancorp (CATY)vs › | $4.03B | 10.79 |
| Texas Capital Bancshares, Inc. (TCBIO)vs › | $4.00B | 2.51 |
| WSFS Financial Corporation (WSFS)vs › | $3.96B | 11.50 |
| First Financial Bankshares, Inc. (FFIN)vs › | $4.57B | 15.60 |
Trailing P/E
6.3
reported TTM EPS
Forward P/E
7.2
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.12 implies -12.6% EPS decline vs the reported trailing $3.57.
At the dated quote price of $22.58, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $3.12 | $3.10 – $3.15 | 8 | 7.2x |
| 2027-12-31 | $3.37 | $3.18 – $3.51 | 8 | 6.7x |
| 2028-12-31 | $3.80 | $3.48 – $4.06 | 6 | 5.9x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute