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 23.95 as of 2026-10-06T17:34:12.298Z.
Consensus retrieved: 2026-10-06T16:26:25.703Z. 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: 2026-10-06T17:34:12.298Z.
Quote observation: 2026-10-06T17:27:57.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 4bd3a243c2e4c403a6ba3e34c60164220455b82ade839789bb16ff7fdcae8cac
Forward PE Ratio (23.95) = Dated Quote Price ($74.70) / Consensus Forward EPS ($3.12)
FORWARD PE RATIO
23.95
SECTOR MEDIAN · FINANCIAL SERVICES
11.18
median of 375 covered companies
CURRENT VS SECTOR MEDIAN
+114.22%
vs the sector median at left
SLM Corporation
Market Cap
$6.70B
Forward PE Ratio
23.95
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| SLM Corporation (SLMBP) | $6.70B | 23.95 |
| PIMCO Dynamic Income Fund (PDI)vs › | $6.58B | N/A |
| Enact Holdings Inc. (ACT)vs › | $6.45B | 9.63 |
| Valley National Bancorp (VLY)vs › | $7.04B | 9.96 |
| Riot Platforms, Inc. (RIOT)vs › | $7.23B | N/A |
| Hancock Whitney Corporation (HWC)vs › | $5.93B | 11.28 |
| StepStone Group Inc. (STEP)vs › | $5.86B | 18.36 |
| TeraWulf Inc. (WULF)vs › | $7.33B | N/A |
| Morningstar, Inc. (MORN)vs › | $7.34B | 15.88 |
| MarketAxess Holdings Inc. (MKTX)vs › | $5.78B | 20.66 |
Trailing P/E
20.9
reported TTM EPS
Forward P/E
23.9
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 $74.70, 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 | $3.03 – $3.22 | 1 | 24.0x |
| 2027-12-31 | $3.37 | $3.27 – $3.48 | 1 | 22.2x |
| 2028-12-31 | $3.80 | $3.68 – $3.92 | 1 | 19.7x |
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
