Is SLM Corp. overvalued or undervalued?

As of 3 April 2025, SLM Corp. has moved from an attractive to a fair valuation grade. The company appears to be fairly valued at this time. Key ratios include a P/E ratio of 18, an EV to EBITDA of 4.68, and a ROE of 25.95%. When compared to peers, Mr. Cooper Group, Inc. has a P/E of 18.95, while OneMain Holdings, Inc. stands out with a very attractive P/E of 3.60.
Despite the recent stock performance showing a 52.26% return over the past year compared to the S&P 500's 10.26%, the current valuation suggests that SLM Corp. is neither undervalued nor overvalued, aligning it closely with its peers in the industry.