Is J.B. Hunt Transport Services, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for J.B. Hunt Transport Services, Inc. moved from very expensive to expensive, indicating a slight improvement in perceived value but still suggesting overvaluation. The company appears overvalued based on its high P/E ratio of 40, a price-to-book value of 5.83, and an EV to EBITDA ratio of 15.16, which are significantly above industry averages.
In comparison to peers, J.B. Hunt's P/E ratio is higher than Saia, Inc. at 28.76 and Schneider National, Inc. at 34.18, both of which are also considered expensive. The company's recent stock performance shows a 1-week return of 20.25% compared to the S&P 500's 1.70%, but it has underperformed over the longer term, with a year-to-date return of -3.40% against the S&P 500's 13.30%. This mixed performance reinforces the notion that J.B. Hunt is currently overvalued.