Packaging Corporation of America
PKG
#1110
Rank
$16.18 B
Marketcap
$180.36
Share price
-1.01%
Change (1 day)
26.22%
Change (1 year)

P/E ratio for Packaging Corporation of America (PKG)

P/E ratio as of April 2024 (TTM): 20.7

According to Packaging Corporation of America 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.6598. At the end of 2022 the company had a P/E ratio of 11.6.

P/E ratio history for Packaging Corporation of America from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.6-24.74%
202115.4-45.74%
202028.386.36%
201915.242.38%
201810.7-37.23%
201717.0-4.58%
201617.826.05%
201514.1-27.73%
201419.639.72%
201314.0-38.5%
201222.842.5%
201116.024.88%
201012.845.1%
20098.82-13.54%
200810.2-41.42%
200717.4-4.69%
200618.3-60.21%
200545.926.69%
200436.2-123.2%
2003-156-493.78%
200239.7116.28%
200118.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
49.7 140.51%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.5533-102.68%๐Ÿ‡บ๐Ÿ‡ธ USA
12.4-39.89%๐Ÿ‡บ๐Ÿ‡ธ USA
7.95-61.51%๐Ÿ‡บ๐Ÿ‡ธ USA
-68.6-432.27%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.