Mission Produce is currently trading at a forward 12-month P/E multiple of 27.84X, exceeding the industry average of 16.45X and the S&P 500's average of 22.13X. At 27.84X P/E, Mission Produce trades at a significant premium to its industry peers. The company's peers, such as Archer Daniels, Corteva and Calavo Growers, are delivering growth and trade at more reasonable multiples. Archer Daniels, Corteva and Calavo Growers have forward 12-month P/E ratios of 12.08X, 22.81X and 13.08X — all significantly lower than that of AVO. Although the current valuation may seem expensive, it suggests that investors have high expectations for AVO's future performance and growth potential. The company's capability to execute its strategy and capitalize on a favorable pricing environment is essential for ensuring profitability and consistent performance in its Marketing and Distribution segment. While success in these areas can strengthen its market leadership, its failure can pose serious challenges for AVO.