Landstar Book Value Per Share from 2010 to 2024

LSTR Stock  USD 179.45  0.07  0.04%   
Landstar System Book Value Per Share yearly trend continues to be relatively stable with very little volatility. Book Value Per Share is likely to grow to 23.34 this year. Book Value Per Share is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of Landstar System according to its financial statements. View All Fundamentals
 
Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
22.23
Current Value
23.34
Quarterly Volatility
7.29079848
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Landstar System financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Landstar System's main balance sheet or income statement drivers, such as Depreciation And Amortization of 61.1 M, Interest Expense of 2.9 M or Total Revenue of 3 B, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0187 or PTB Ratio of 5.11. Landstar financial statements analysis is a perfect complement when working with Landstar System Valuation or Volatility modules.
  
Check out the analysis of Landstar System Correlation against competitors.
To learn how to invest in Landstar Stock, please use our How to Invest in Landstar System guide.

Latest Landstar System's Book Value Per Share Growth Pattern

Below is the plot of the Book Value Per Share of Landstar System over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. Landstar System's Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Landstar System's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 28.75 X10 Years Trend
Slightly volatile
   Book Value Per Share   
       Timeline  

Landstar Book Value Per Share Regression Statistics

Arithmetic Mean20.08
Geometric Mean17.00
Coefficient Of Variation36.31
Mean Deviation5.29
Median22.87
Standard Deviation7.29
Sample Variance53.16
Range26.0536
R-Value0.63
Mean Square Error34.68
R-Squared0.39
Significance0.01
Slope1.02
Total Sum of Squares744.18

Landstar Book Value Per Share History

2024 23.34
2023 22.23
2022 24.7
2021 27.39
2016 12.88
2012 22.87
2011 6.34

Other Fundumenentals of Landstar System

Landstar System Book Value Per Share component correlations

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Click cells to compare fundamentals

About Landstar System Financial Statements

Landstar System shareholders use historical fundamental indicators, such as Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Landstar System investors may analyze each financial statement separately, they are all interrelated. The changes in Landstar System's assets and liabilities, for example, are also reflected in the revenues and expenses on on Landstar System's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Book Value Per Share 22.23  23.34 
Tangible Book Value Per Share 21.19  22.25 

Pair Trading with Landstar System

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Landstar System position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Landstar System will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Landstar System could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Landstar System when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Landstar System - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Landstar System to buy it.
The correlation of Landstar System is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Landstar System moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Landstar System moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Landstar System can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Landstar Stock Analysis

When running Landstar System's price analysis, check to measure Landstar System's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Landstar System is operating at the current time. Most of Landstar System's value examination focuses on studying past and present price action to predict the probability of Landstar System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Landstar System's price. Additionally, you may evaluate how the addition of Landstar System to your portfolios can decrease your overall portfolio volatility.