Start with its own history
At 26.10×, PKG is 41.7% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · PKGPackaging & ContainersUpdated Nov 5, 2026
Packaging Corporation of America P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
26.10×
41.7% abovethe 10-year annual average
Share price259.17
÷Earnings per share9.93
Price and EPS in quote currency. Calculation details
Investors are paying 26.10 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 18.41×
3-year average22.75×3 positive annual observations
5-year average19.03×5 positive annual observations
10-year average18.41×10 positive annual observations
Peer median · TTM17.01×5 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 24.04× | -4.2% |
| Dec 31, 2024 | 25.10× | +31.3% |
| Dec 31, 2023 | 19.12× | +65.5% |
| Dec 31, 2022 | 11.55× | -24.7% |
| Dec 31, 2021 | 15.35× | -45.9% |
| Dec 31, 2020 | 28.38× | +86.7% |
| Dec 31, 2019 | 15.20× | +43.5% |
| Dec 31, 2018 | 10.59× | -37.7% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 17.00× | -4.6% |
| Dec 31, 2016 | 17.82× | +26.3% |
| Dec 31, 2015 | 14.11× | -27.9% |
| Dec 31, 2014 | 19.56× | +41.3% |
| Dec 31, 2013 | 13.85× | -38.8% |
| Dec 31, 2012 | 22.63× | +42.6% |
| Dec 31, 2011 | 15.87× | +24.1% |
| Dec 31, 2010 | 12.79× | +45.7% |
| Dec 31, 2009 | 8.78× | -13.9% |
| Dec 31, 2008 | 10.20× | -41.1% |
| Dec 31, 2007 | 17.30× | -5.3% |
| Dec 31, 2006 | 18.26× | -61.0% |
| Dec 31, 2005 | 46.84× | +29.3% |
| Dec 31, 2004 | 36.23× | N/M |
| Dec 31, 2003 | N/M | N/M |
| Dec 31, 2002 | 39.65× | +118.5% |
| Dec 31, 2001 | 18.15× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How PKG compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 PKG This stockPackaging Corporation of America | 26.10× |
 SONSonoco Products Company | N/M |
 IPInternational Paper Company | N/M |
 GPKGraphic Packaging Holding Company | 47.08× |
 GEFGreif, Inc. | 17.01× |
 AMCRAmcor plc | 16.58× |
 PACKRanpak Holdings Corp. | N/M |
 CCKCrown Holdings, Inc. | 17.31× |
 TRSTriMas Corporation | 1.62× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does PKG’s P/E tell you?
Compare like with like
The median of the 5 positive peer ratios above is 17.01×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take PKG into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("PKG", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 259.17 ÷ EPS 9.93 = 26.10×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
PKG P/E ratio: common questions
The essentials behind the numbers.
Packaging Corporation of America's current P/E is 26.10× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.