P/E ratio for Landstar System (LSTR)
P/E ratio as of April 2024 (TTM): 21.3
According to Landstar System 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.2863. At the end of 2022 the company had a P/E ratio of 13.8.
P/E ratio history for Landstar System from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.8 | -23% |
| 2021 | 17.9 | -33.86% |
| 2020 | 27.0 | 35.95% |
| 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 | -5.94% |
| 2011 | 20.1 | -12.95% |
| 2010 | 23.1 | -17.67% |
| 2009 | 28.1 | 53.52% |
| 2008 | 18.3 | -12.73% |
| 2007 | 21.0 | 6.55% |
| 2006 | 19.7 | -7.59% |
| 2005 | 21.3 | -31.17% |
| 2004 | 30.9 | 32.58% |
| 2003 | 23.3 | 7.17% |
| 2002 | 21.8 | 54.36% |
| 2001 | 14.1 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 J. B. Hunt
JBHT | 21.9 | 2.70% | 🇺🇸 USA |
 Old Dominion Freight Line
ODFL | 17.4 | -18.31% | 🇺🇸 USA |
 Werner Enterprises
WERN | 14.9 | -29.95% | 🇺🇸 USA |
 Heartland Express HTLD | 31.6 | 48.28% | 🇺🇸 USA |
 Knight-Swift
KNX | 20.1 | -5.36% | 🇺🇸 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.