Look, Landauer (LDR) has had one heck of a run. In the last 52 weeks, the stock is up 41%, and considering this market, that is really saying something. From everything we are looking at, this small-to mid-cap ($684 million market cap) has done a wonderful job of growing sales and earnings in an incredibly difficult market. But when we look at the current sales and earnings numbers (despite how stellar they are), we just have to rate LDR as overvalued at this point.