In the current market session, Lamb Weston Hldgs Inc. (NYSE:LW) share price is at $66.48, after a 0.03% drop. Over the past month, the stock spiked by 7.14%, but over the past year, it actually decreased by 28.07%. With good short-term performance like this, and questionable long-term performance, long-term shareholders might want to start looking into the company’s price-to-earnings ratio. A Look at Lamb Weston Hldgs P/E Relative to Its CompetitorsThe P/E ratio measures the current share price to the company’s EPS. It is used by long-term investors to analyze the company’s current performance…