P/E ratio for Landstar System (LSTR)
P/E ratio as of October 2023 (TTM): 18.5
According to Landstar System 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.5151. At the end of 2021 the company had a P/E ratio of 17.9.
P/E ratio history for Landstar System from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 17.9 | -33.91% |
| 2020 | 27.0 | 36.07% |
| 2019 | 19.9 | 28.79% |
| 2018 | 15.4 | -37.6% |
| 2017 | 24.7 | -5.21% |
| 2016 | 26.1 | 50.78% |
| 2015 | 17.3 | -26.29% |
| 2014 | 23.5 | 29.93% |
| 2013 | 18.1 | -4.61% |
| 2012 | 18.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 J. B. Hunt
JBHT | 22.6 | 22.19% | 🇺🇸 USA |
 Old Dominion Freight Line
ODFL | 34.8 | 88.05% | 🇺🇸 USA |
 Werner Enterprises
WERN | 13.6 | -26.51% | 🇺🇸 USA |
 Heartland Express HTLD | 18.8 | 1.78% | 🇺🇸 USA |
 Knight-Swift
KNX | 15.4 | -16.64% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.