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Limoneira Co is Among the Companies in the Agricultural Products Industry With the Highest Forward P/E Ratio (LMNR, DAR, ADM, BG, INGR)

By Amy Schwartz

Below are the three companies in the Agricultural Products industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Limoneira Co ranks highest with a a forward P/E ratio of 22.35. Following is Darling Ingredie with a a forward P/E ratio of 19.96. Archer-Daniels ranks third highest with a a forward P/E ratio of 11.39.

Bunge Ltd follows with a a forward P/E ratio of 9.48, and Ingredion Inc rounds out the top five with a a forward P/E ratio of 8.73.

SmarTrend recommended that its subscribers protect gains by selling shares of Limoneira Co on May 13th, 2019 by issuing a Downtrend alert when the shares were trading at $21.98. Since that call, shares of Limoneira Co have fallen 14.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward p/e ratio limoneira co darling ingredie archer-daniels Bunge Ltd ingredion inc