P/E ratio for Landstar System (LSTR)

P/E ratio history for Landstar System from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Knight-Swift KNX	25.5	11.07%	🇺🇸 USA
J. B. Hunt JBHT	25.7	11.85%	🇺🇸 USA
Heartland Express HTLD	37.5	63.39%	🇺🇸 USA
Werner Enterprises WERN	17.3	-24.64%	🇺🇸 USA
Old Dominion Freight Line ODFL	20.0	-12.82%	🇺🇸 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.