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Re: value1008 post# 14791

Wednesday, 03/26/2014 2:48:31 PM

Wednesday, March 26, 2014 2:48:31 PM

Post# of 17741
IMHO the problem with determining what P/E ratio PEIX merits is that one cannot reliably forecast the forward P/E. In other words you cannot estimate annual P/E based on one good quarter. Fluctuations in margin due to fluctuations in ethanol and corn prices make forward P/E estimates highly theoretical.

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