Start with its own history
At 31.38×, LSTR is 27.5% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
31.38×
27.5% abovethe 10-year annual average
Price and EPS in quote currency. Calculation details
Investors are paying 31.38 for every 1 of reported earnings per share.
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 27, 2025 | 44.11× | +39.4% |
| Dec 28, 2024 | 31.64× | +20.2% |
| Dec 30, 2023 | 26.31× | +93.7% |
| Dec 31, 2022 | 13.59× | -20.2% |
| Dec 25, 2021 | 17.02× | -37.4% |
| Dec 26, 2020 | 27.18× | +36.5% |
| Dec 31, 2019 | 19.91× | +28.8% |
| Dec 31, 2018 | 15.46× | -37.3% |
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 24.67× | -5.7% |
| Dec 31, 2016 | 26.17× | +50.8% |
| Dec 31, 2015 | 17.35× | -26.1% |
| Dec 31, 2014 | 23.47× | +29.5% |
| Dec 31, 2013 | 18.12× | -4.0% |
| Dec 31, 2012 | 18.87× | -6.3% |
| Dec 31, 2011 | 20.13× | -13.0% |
| Dec 31, 2010 | 23.13× | -17.7% |
| Dec 31, 2009 | 28.09× | +54.3% |
| Dec 31, 2008 | 18.21× | -13.1% |
| Dec 31, 2007 | 20.97× | +7.1% |
| Dec 31, 2006 | 19.58× | -8.5% |
| Dec 31, 2005 | 21.41× | -30.8% |
| Dec 31, 2004 | 30.94× | +33.4% |
| Dec 31, 2003 | 23.20× | +20.8% |
| Dec 31, 2002 | 19.20× | +35.6% |
| Dec 31, 2001 | 14.16× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
LSTR This stockLandstar System, Inc. | 31.38× |
FWRDForward Air Corporation | N/M |
HUBGHub Group, Inc. | 29.96× |
CHRWC.H. Robinson Worldwide, Inc. | 23.73× |
SNDRSchneider National, Inc. | 36.80× |
JBHTJ.B. Hunt Transport Services, Inc. | 31.89× |
ARCBArcBest Corp | 108.82× |
WERNWerner Enterprises, Inc. | N/M |
KNXKnight-Swift Transportation Holdings Inc. | 65.64× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 31.38×, LSTR is 27.5% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 6 positive peer ratios above is 34.35×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("LSTR", "PE Ratio", "LQ")Share price 151.25 ÷ EPS 4.82 = 31.38×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
The essentials behind the numbers.
Landstar System, Inc.'s current P/E is 31.38× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.