Landstar System (FRA:LDS) Cyclically Adjusted PB Ratio: 8.75 (As of Jul. 25, 2026) — Near Median

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FRA:LDS Landstar System Inc FRA:LDS
80 GF Score
Price €181.00
GF Value €146.87
! 3 Warning Signs
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What is Landstar System Cyclically Adjusted PB Ratio?

Landstar System FRA:LDS 80 Cyclically Adjusted PB Ratio is 8.75 as of Jul. 25, 2026, which is 9% below its 10-year median of 9.64. GuruFocus rates FRA:LDS with a GF Score™ of 80/100 and a GF Value™ of €146.87. The stock has 3 warning signs investors should review. Among 738 Transportation companies, Landstar System ranks worse than 95.66% on this metric.

As of today (2026-07-25), Landstar System's current share price is €181.00. Landstar System's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €20.69. Landstar System's Cyclically Adjusted PB Ratio for today is 8.75.

The historical rank and industry rank for Landstar System's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:LDS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.16   Med: 9.64   Max: 12.97
Current: 8.15

During the past years, Landstar System's highest Cyclically Adjusted PB Ratio was 12.97. The lowest was 5.16. And the median was 9.64.

FRA:LDS's Cyclically Adjusted PB Ratio is ranked worse than
95.66% of 738 companies
in the Transportation industry
Industry Median: 1.265 vs FRA:LDS: 8.15

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Landstar System's adjusted book value per share data for the three months ended in Mar. 2026 was €20.370. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €20.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Landstar System  (FRA:LDS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Landstar System Cyclically Adjusted PB Ratio Related Terms


Landstar System Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Landstar System's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Landstar System Cyclically Adjusted PB Ratio Chart

Landstar System Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.45 9.02 9.57 7.72 6.01

Landstar System Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.58 5.96 5.16 6.01 6.52

FRA:LDS vs GXO, HUBG, PBI: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Landstar System's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Landstar System Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Landstar System's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Landstar System's Cyclically Adjusted PB Ratio falls into.


FRA:LDS
80GF Score
Landstar System Inc FRA:LDS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Landstar System Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Landstar System's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=181.00/20.69
=8.75

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Landstar System's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Landstar System's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=20.37/330.2130*330.2130
=20.370

Current CPI (Mar. 2026) = 330.2130.

Landstar System Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.510 241.018 14.399
201609 10.808 241.428 14.783
201612 12.294 241.432 16.815
201703 12.796 243.801 17.331
201706 12.932 244.955 17.433
201709 13.002 246.819 17.395
201712 13.094 246.524 17.539
201803 13.548 249.554 17.927
201806 13.701 251.989 17.954
201809 15.088 252.439 19.736
201812 15.049 251.233 19.780
201903 16.048 254.202 20.847
201906 16.264 256.143 20.967
201909 17.394 256.759 22.370
201912 16.450 256.974 21.138
202003 14.790 258.115 18.921
202006 15.019 257.797 19.238
202009 15.608 260.280 19.802
202012 14.815 260.474 18.782
202103 16.685 264.877 20.801
202106 18.002 271.696 21.879
202109 20.067 274.310 24.157
202112 20.239 278.802 23.971
202203 20.938 287.504 24.048
202206 22.251 296.311 24.797
202209 24.549 296.808 27.312
202212 23.312 296.797 25.937
202303 24.320 301.836 26.606
202306 25.512 305.109 27.611
202309 27.192 307.789 29.173
202312 25.261 306.746 27.194
202403 26.186 312.332 27.685
202406 26.226 314.175 27.565
202409 25.908 315.301 27.133
202412 26.296 315.605 27.513
202503 24.637 319.799 25.439
202506 23.063 322.561 23.610
202509 22.046 324.800 22.413
202512 19.951 324.054 20.330
202603 20.370 330.213 20.370

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 8.75 mean?
Landstar System (FRA:LDS) has a Cyclically Adjusted PB Ratio of 8.75 as of Jul. 25, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Landstar System and its competitors. This is near median its historical median of 9.64. Over the past decade, Landstar System's Cyclically Adjusted PB Ratio has ranged from 5.16 to 12.97. According to the industry distribution chart, Landstar System ranks #706 out of 738 companies in the Transportation industry, placing it in the top 95.7%.
Is Landstar System's Cyclically Adjusted PB Ratio too high?
Landstar System's current Cyclically Adjusted PB Ratio of 8.75 is near median its 10-year median of 9.64. Over the past 10 years, this metric has ranged from a low of 5.16 to a high of 12.97. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Landstar System's value of 8.75 is 591.7% above this industry median. Based on the distribution chart, Landstar System ranks #706 out of 738 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Landstar System has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Landstar System's Cyclically Adjusted PB Ratio compare to GXO and HUBG?
According to the Transportation industry distribution chart, Landstar System ranks #706 out of 738 companies for Cyclically Adjusted PB Ratio. This places Landstar System in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Landstar System's value of 8.75 is 591.7% above this benchmark. Historically, Landstar System's own Cyclically Adjusted PB Ratio has ranged from 5.16 to 12.97 over the past decade. While the company's 10-year median is 9.64 vs. the industry median of 1.27, Landstar System has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 738 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Landstar System's current Cyclically Adjusted PB Ratio of 8.75 is 591.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Landstar System and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Landstar System's current Cyclically Adjusted PB Ratio is 8.75, which is near median its own 10-year median of 9.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Landstar System stock overvalued right now?
Landstar System (FRA:LDS) has a current Cyclically Adjusted PB Ratio of 8.75. The stock's GF Value™ is €146.87, compared to a current price of €181.00 — trading 23.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.75, which is near median its 10-year median of 9.64 and 591.7% above the Transportation industry median of 1.27. Landstar System's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Landstar System (FRA:LDS), the current Cyclically Adjusted PB Ratio is 8.75 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Landstar System (FRA:LDS) Overvalued in 2026?

Based on GuruFocus' analysis, Landstar System stock appears to be overvalued. The current stock price of €181.00 is trading 23.2% above its estimated GF Value™ of €146.87.

Key valuation signals for FRA:LDS:

  • Cyclically Adjusted PB Ratio: 8.75 (near median its 10-year median of 9.64)
  • GF Value™: €146.87 vs. price of €181.00 (23.2% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 591.7% above the Transportation median (#706 of 738)

No single metric tells the full story. See the FRA:LDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Landstar System Business Description

Other Exchanges LSTR:USA
Address 13410 Sutton Park Drive South, Jacksonville, FL, USA, 32224
Landstar System is an agent based asset-light third-party logistics provider focused on domestic truck brokerage. Historically, around half of its truck transportation freight is hauled by leased owner-operators with the remainder hauled by third-party broker-carriers. To a smaller degree, it offers intermodal, global air and ocean forwarding, and warehousing services. Landstar also runs a small business that offers insurance programs to captive owner-operators. It has a long history of industry-leading execution and operating profitability.
80GF Score

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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€181.00
Price
€146.87
GF Value