Mission Produce (NAS:AVO) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Mission Produce Forward PE Ratio Related Terms
Mission Produce Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Mission Produce's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mission Produce Forward PE Ratio Chart
Mission Produce Annual Data
Trend
2021-10
2022-10
2023-10
2024-10
2025-10
Forward PE Ratio
20.41
19.69
13.87
50.00
15.82
Mission Produce Quarterly Data
2021-01
2021-04
2021-07
2021-10
2022-01
2022-04
2022-07
2022-10
2023-01
2023-04
2023-07
2023-10
2024-01
2024-04
2024-07
2024-10
2025-01
2025-04
2025-07
2025-10
2026-01
2026-04
Forward PE Ratio
21.83
22.68
19.57
20.41
15.67
23.53
16.89
19.69
19.46
24.21
17.95
13.87
35.21
29.85
40.16
50.00
24.40
19.52
21.52
15.82
19.31
21.63
AVO vs WILC, HFFG, DIT: Forward PE Ratio Comparison
For the Food Distribution subindustry, Mission Produce's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mission Produce Forward PE Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Mission Produce's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Mission Produce's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Mission Produce (AVO) has a Forward PE Ratio of 16.40 as of Jul. 07, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Mission Produce and its competitors. According to the industry distribution chart, Mission Produce ranks #82 out of 129 companies in the Retail - Defensive industry, placing it in the top 63.6%.
Is Mission Produce's Forward PE Ratio too high?
Mission Produce's current Forward PE Ratio is 16.40. The Retail - Defensive industry median Forward PE Ratio is 14.37. Mission Produce's value of 16.40 is 14.1% above this industry median. Based on the distribution chart, Mission Produce ranks #82 out of 129 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Mission Produce has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mission Produce's Forward PE Ratio compare to WILC and HFFG?
According to the Retail - Defensive industry distribution chart, Mission Produce ranks #82 out of 129 companies for Forward PE Ratio. This places Mission Produce in the lower half of its industry. The industry median Forward PE Ratio is 14.37. Mission Produce's value of 16.40 is 14.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Retail - Defensive company?
The median Forward PE Ratio among Retail - Defensive companies is 14.37, based on 129 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mission Produce's current Forward PE Ratio of 16.40 is 14.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Mission Produce and its competitors. For the Retail - Defensive industry, the median Forward PE Ratio is 14.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mission Produce's current Forward PE Ratio is 16.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mission Produce stock overvalued right now?
Based on GuruFocus' analysis, Mission Produce (AVO) is currently considered Fairly Valued. The stock's GF Value™ is $12.91, compared to a current price of $13.45 — trading 4.2% above its estimated fair value. The current Forward PE Ratio is 16.40 and 14.1% above the Retail - Defensive industry median of 14.37. Mission Produce's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Mission Produce (AVO), the current Forward PE Ratio is 16.40 as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mission Produce (AVO) Overvalued in 2026?
Based on GuruFocus' analysis, Mission Produce stock appears to be overvalued.
The current stock price of $13.45 is trading 4.2% above its estimated GF Value™ of $12.91.
GuruFocus considers Mission Produce to be Fairly Valued.
Key valuation signals for AVO:
Forward PE Ratio: 16.40
GF Value™: $12.91 vs. price of $13.45 (4.2% above fair value)
Industry Position: 14.1% above the Retail - Defensive median (#82 of 129)
No single metric tells the full story. See the AVO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mission Produce Inc produces, packs, and distributes mainly Hass avocados to retail, wholesale, and food service customers, offering pre-ripe and ripened fruit tailored to customer specifications through its network of ripening facilities. The Company operates through three segments: Marketing & Distribution, which sources and distributes fruit globally and generates the majority of revenue; International Farming, which owns and operates avocado orchards and supplies fruit mainly to Marketing & Distribution, with operations principally in Peru and Guatemala; and Blueberries, which farms blueberries sold under an exclusive marketing agreement. The Company's operations span Peru, the United States, Guatemala, Mexico, Europe, and Canada.
73GF Score
Get the complete analysis for AVO
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AVO has been successfully added to your 