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PKG Packaging Corp Of America PE ratio, current and historical analysis

As of Jun 18, 2024, the Packaging Corp Of America stock's PE ratio is 23.12. This results from the current EPS of $8.04 and stock price of $185.88. The PE ratio has an increase of 25% from the past four quarters average of 18.5.

PKG PE ratio history

How has PKG's PE ratio performed in the past

The PE ratio of Packaging Corp Of America has averaged 16.29 over the last ten years. The current price-to-earnings ratio of 23.12 is 42% 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.

Average
16.29
Median
15.29
Minimum
10.18
Maximum
28.38

Packaging Corp Of America PE ratio by year

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 average PE ratio chart

What is the average PE ratio of PKG for the past years

PKG's current P/E ratio is above the 3, 5 and 10-year averages.

3-year avg
15.89
5-year avg
16.89
10-year avg
16.29
15-year avg
15.94

PKG PE vs peers

What is PKG's PE ratio compared to its peers

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 8.5 $851.6M
GPK Graphic Packaging Holding Co 12.49 $8.52B
PKG Packaging Corp Of America 23.13 $16.7B
IP International Paper Co 94.63 $16.11B
GLT Glatfelter Corp N/A $74.21M

Frequently asked questions

What is Packaging Corp Of America's PE ratio?

PKG stock has a price to earnings ratio of 23.12 as of Jun 18, 2024.

What is the 3-year average PE ratio for Packaging Corp Of America (PKG)?

The average PE ratio for PKG stock over the past 3 years is 15.89.

What is the 5-year average PE ratio for Packaging Corp Of America (PKG)?

The average PE ratio for PKG stock over the past 5 years is 16.89.

What is the highest PE ratio for PKG?

In the last ten years, the Dec 2020 quarter recorded the highest quarterly PE ratio at 28.38.

How does the current PE ratio for PKG compare to its historical average?

PKG's price to earnings ratio is currently 42% above its 10-year historical average.

How is PKG's PE ratio calculated (Packaging Corp Of America PE ratio formula)?

The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 18, 2024), Packaging Corp Of America's stock price is $185.88. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.04. Therefore, Packaging Corp Of America's price to earnings ratio for today is 23.12. PE RATIO(23.12) = STOCK PRICE($185.88) / TTM EPS($8.04)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.