As of May 3, 2024, the Packaging Corp Of America stock's PE ratio is 20.69. This results from the current EPS of $8.52 and stock price of $176.27. The PE ratio has an increase of 30% from the past four quarters average of 15.9.
The PE ratio of Packaging Corp Of America has averaged 16.1 over the last ten years. The current price-to-earnings ratio of 20.69 is 29% more than the historical average. In the past ten years, PKG's PE ratio reached its highest point in the Dec 2020 quarter at 28.38, when the stock price was $137.91 and the EPS was $4.86. The lowest point was recorded in the Sep 2022 quarter, when it reached 10.18 with a price of $112.29 and an EPS of $11.03.
Maximum annual increase: 86.47% in 2020
Maximum annual decrease: -45.91% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 19.12 | 65.68% |
| 2022 | 11.54 | -24.82% |
| 2021 | 15.35 | -45.91% |
| 2020 | 28.38 | 86.47% |
| 2019 | 15.22 | 42.64% |
| 2018 | 10.67 | -37.24% |
| 2017 | 17 | -4.6% |
| 2016 | 17.82 | 26.29% |
| 2015 | 14.11 | -27.86% |
| 2014 | 19.56 | 41.23% |
PKG's current P/E ratio is above the 3, 5 and 10-year averages.
PKG's PE ratio is less than its peer stock IP, but it is above GPK's and CLW's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CLW Clearwater Paper Corp | 7.52 | $754.2M |
| GPK Graphic Packaging Holding Co | 12.2 | $8.32B |
| PKG Packaging Corp Of America | 20.69 | $15.8B |
| IP International Paper Co | 74.04 | $12.6B |
| GLT Glatfelter Corp | N/A | $74.49M |
PKG stock has a price to earnings ratio of 20.69 as of May 3, 2024.
The average PE ratio for PKG stock over the past 3 years is 15.19.
The average PE ratio for PKG stock over the past 5 years is 16.54.
In the last ten years, the Dec 2020 quarter recorded the highest quarterly PE ratio at 28.38.
PKG's price to earnings ratio is currently 29% above its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Packaging Corp Of America's stock price is $176.27. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $8.52. Therefore, Packaging Corp Of America's price to earnings ratio for today is 20.69. PE RATIO(20.69) = STOCK PRICE($176.27) / TTM EPS($8.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.