What is SLM's price / book?

SLM (SLM) reported price / book of 1.7× in Q1 2026.

How has SLM's price / book changed year-over-year?

SLM's price / book decreased by 32.4% year-over-year, from 2.6× to 1.7×.

What is the long-term trend for SLM's price / book?

Over 5 years (2020 to 2025), SLM's price / book has grown at a 9.6% compound annual growth rate (CAGR), from 1.4× to 2.2×.

What does price / book mean?

Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

SLM SLM Price / book

Price / book at other companies

PNC Financial ServicesPNC

1.3×+0.1×

Citizens Financial GroupCFG

1×+0.3×

NelnetNNI

1.2×+0.1×

SoFi Technologies, Inc.SOFI

1.9×0.0×

Simmons First NationalSFNC

0.8×+0.1×

HOM

Home BancSharesHOMB

1.2×-0.2×

Other financials

Income statement

See full

Net income$308.0M+1.1%

EPS (diluted)$1.54+10.0%

Balance sheet

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Cash & equivalents$5.4B+39.1%

Total debt$6.7B+8.5%

Total equity$2.4B+1.5%

Total assets$29.4B+1.8%

Cash flow

See full

Operating cash flow-$76.0M+48.0%

Valuation

See full

Market cap$4.34B-31.4%

Enterprise value$5.63B-34.6%

P/E5.8×-4.3×

Returns & leverage

See full

Return on equity30.9%+3.3pp

Debt / equity2.7×+0.2×

Where this comes from

Calculated from SLM’s reported figures.

market cap/total stockholders equity=1.7×

Based on the most recent quarter.

The official record: SLM’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is SLM's price / book?: SLM (SLM) reported price / book of 1.7× in Q1 2026.
How has SLM's price / book changed year-over-year?: SLM's price / book decreased by 32.4% year-over-year, from 2.6× to 1.7×.
What is the long-term trend for SLM's price / book?: Over 5 years (2020 to 2025), SLM's price / book has grown at a 9.6% compound annual growth rate (CAGR), from 1.4× to 2.2×.
What does price / book mean?: Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.