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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, INGR, BG)

By David Diaz

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 29.25. Darling Ingredie is next with a a forward P/E ratio of 22.39. Archer-Daniels ranks third highest with a a forward P/E ratio of 13.44.

Ingredion Inc follows with a a forward P/E ratio of 10.91, and Bunge Ltd rounds out the top five with a a forward P/E ratio of 9.25.

SmarTrend recommended that its subscribers protect gains by selling shares of Bunge Ltd on October 23rd, 2018 by issuing a Downtrend alert when the shares were trading at $66.29. Since that call, shares of Bunge Ltd have fallen 21.5%. 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 ingredion inc Bunge Ltd