Lignocellulosic-based polymer composites have gained significant interest due to their ‘’green’’ character as a response to environmental concerns. A diverse array of lignocellulosic fibers is utilized, depending on fiber dimensions, chemical composition, moisture content, and the fiber–matrix interface. The aim of this study is to establish an alternative standardized methodology, aimed at comparatively estimating the performance of polymer composites through the examination of individual plant fibers. The fibers studied are ramie, hemp, flax, and kenaf, and HDPE-based corresponding composites were analyzed for their performance across various fiber-content levels (10, 20, and 30 wt.%). It was found that kenaf showcases the largest average fiber diameter, succeeded by hemp, ramie, and flax. Additionally, ramie and kenaf exhibit elevated levels of crystallinity, suggesting increased cellulose content, with kenaf having the lowest crystallinity index among the fibers compared. Based on Thermogravimetric analysis, ramie displays the lowest moisture content among the examined fibers, followed by hemp, flax, and ultimately kenaf, which is recorded to have the highest moisture content, while, similarly, ramie exhibits the lowest mass loss at the processing temperature of the corresponding composites. Composites containing fibers with smaller diameters and higher crystallinity indexes and lower moisture absorptions, such as ramie and hemp, demonstrate superior thermal stability and exhibit increased Young’s modulus values in their respective composites. However, poor interfacial adhesion affects mechanical performance across all composites. Understanding fiber morphology, inner structure, and thermal stability is important for developing new composite materials and optimizing their selection for various applications.