Have your own idea? Try our Stock Screener
- 7D-0.4%
- 3M-8.5%
- 1Y11.6%
- YTD-9.3%
In the last week, Packaging has been flat. The past year has been better, since the industry has gained 12% in that time. Looking forward, earnings are forecast to grow by 5.4% annually.
Industry Valuation and Performance
Has the Canadian Packaging Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 26 Apr 2026 | CA$19.4b | CA$17.2b | CA$1.2b | 15.6x | 15.7x | 1.1x |
| Tue, 24 Mar 2026 | CA$20.5b | CA$17.2b | CA$1.2b | 16.5x | 16.6x | 1.2x |
| Thu, 19 Feb 2026 | CA$22.0b | CA$17.2b | CA$1.2b | 17.1x | 18.2x | 1.3x |
| Sat, 17 Jan 2026 | CA$21.3b | CA$17.2b | CA$1.2b | 16.6x | 17.6x | 1.2x |
| Mon, 15 Dec 2025 | CA$20.9b | CA$17.2b | CA$1.2b | 16.1x | 17.3x | 1.2x |
| Wed, 12 Nov 2025 | CA$19.7b | CA$17.1b | CA$1.2b | 16.4x | 16.4x | 1.1x |
| Fri, 10 Oct 2025 | CA$19.0b | CA$17.1b | CA$1.2b | 14.6x | 16.1x | 1.1x |
| Sun, 07 Sep 2025 | CA$19.9b | CA$17.1b | CA$1.2b | 14.6x | 16.9x | 1.2x |
| Tue, 05 Aug 2025 | CA$18.8b | CA$17.0b | CA$1.3b | 13.1x | 15x | 1.1x |
| Thu, 03 Jul 2025 | CA$19.7b | CA$17.0b | CA$1.3b | 11.5x | 15.5x | 1.2x |
| Sat, 31 May 2025 | CA$19.8b | CA$17.0b | CA$1.3b | 11.9x | 15.7x | 1.2x |
| Mon, 28 Apr 2025 | CA$17.8b | CA$16.8b | CA$1.2b | 10.4x | 14.5x | 1.1x |
| Wed, 26 Mar 2025 | CA$18.1b | CA$16.9b | CA$1.2b | 10.8x | 14.8x | 1.1x |
| Fri, 21 Feb 2025 | CA$18.3b | CA$16.9b | CA$1.2b | 12.9x | 15.5x | 1.1x |
| Sun, 19 Jan 2025 | CA$18.6b | CA$16.7b | CA$1.0b | 12.7x | 18.6x | 1.1x |
| Tue, 17 Dec 2024 | CA$19.5b | CA$16.7b | CA$999.8m | 12.7x | 19.5x | 1.2x |
| Thu, 14 Nov 2024 | CA$20.9b | CA$16.5b | CA$966.0m | 15.3x | 21.6x | 1.3x |
| Sat, 12 Oct 2024 | CA$20.3b | CA$16.4b | CA$986.0m | 14.9x | 20.5x | 1.2x |
| Mon, 09 Sep 2024 | CA$19.9b | CA$16.4b | CA$959.6m | 15.6x | 20.7x | 1.2x |
| Wed, 07 Aug 2024 | CA$18.7b | CA$16.2b | CA$857.1m | 14.7x | 21.8x | 1.2x |
| Fri, 05 Jul 2024 | CA$18.2b | CA$16.2b | CA$855.5m | 14.2x | 21.3x | 1.1x |
| Sun, 02 Jun 2024 | CA$18.0b | CA$16.3b | CA$862.0m | 14.3x | 20.9x | 1.1x |
| Tue, 30 Apr 2024 | CA$18.2b | CA$16.2b | CA$782.1m | 14.4x | 23.3x | 1.1x |
| Thu, 28 Mar 2024 | CA$17.8b | CA$16.3b | CA$787.4m | 13.2x | 22.6x | 1.1x |
| Sat, 24 Feb 2024 | CA$17.8b | CA$16.3b | CA$767.3m | 14.4x | 23.3x | 1.1x |
| Mon, 22 Jan 2024 | CA$18.4b | CA$18.3b | CA$893.7m | 14.3x | 20.6x | 1x |
| Wed, 20 Dec 2023 | CA$18.6b | CA$18.3b | CA$892.3m | 14x | 20.8x | 1x |
| Fri, 17 Nov 2023 | CA$18.0b | CA$18.3b | CA$920.1m | 11.1x | 19.6x | 1x |
| Sun, 15 Oct 2023 | CA$17.4b | CA$18.3b | CA$875.1m | 10.4x | 19.9x | 1x |
| Tue, 12 Sep 2023 | CA$18.2b | CA$18.4b | CA$887.5m | 10.8x | 20.5x | 1x |
| Thu, 10 Aug 2023 | CA$18.9b | CA$18.3b | CA$895.7m | 9.5x | 21.1x | 1x |
| Sat, 08 Jul 2023 | CA$19.4b | CA$18.3b | CA$873.9m | 10.4x | 22.2x | 1.1x |
| Mon, 05 Jun 2023 | CA$19.3b | CA$18.3b | CA$881.9m | 9.9x | 21.9x | 1.1x |
| Wed, 03 May 2023 | CA$19.7b | CA$18.1b | CA$932.9m | 10.2x | 21.1x | 1.1x |
Price to Earnings Ratio
21.1x
Current Industry PE
- Investors are pessimistic on the Canadian Packaging industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 15.7x which is lower than its 3-year average PE of 19.0x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Packaging industry have grown 9.8% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Canadian Materials industry?
| CA Market | -1.00% | |
| Materials | -5.99% | |
| Packaging | -0.45% | |
| Metal and Glass Containers | -0.40% | |
| Paper Packaging | -1.26% | |
Industry PE
- Investors are most optimistic about the Paper Packaging industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Metal and Glass Containers industry, which is trading close to its 3-year average of 17.1x.
Forecasted Growth
- Analysts are most optimistic on the Metal and Glass Containers industry, expecting annual earnings growth of 5.4% over the next 5 years.
- This is better than its past earnings decline of 6.5% per year.
- In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 5.4% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RIC Richards Group | CA$29.50 | 1.7% +CA$5.6m | 6.3% | PE20.2x |