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Canadian (TSX) Packaging Industry Analysis

UpdatedOct 25, 2025
DataAggregated Company Financials
Companies7
  • 7D5.1%
  • 3M4.8%
  • 1Y-1.9%
  • YTD6.3%

The Packaging industry is up 5.1% in the last week, with CCL Industries up 4.9%. Meanwhile, NEXE Innovations actually underperformed within the industry, shrinking 11% in the last week. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 34% per annum.

Industry Valuation and Performance

Has the Canadian Packaging Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 Oct 2025CA$19.8bCA$17.1bCA$1.2b14.8x16.9x1.2x
Tue, 23 Sep 2025CA$19.5bCA$17.1bCA$1.2b15.2x16.6x1.1x
Thu, 21 Aug 2025CA$19.9bCA$17.1bCA$1.2b13.1x16.8x1.2x
Sat, 19 Jul 2025CA$20.1bCA$17.0bCA$1.3b11.4x15.8x1.2x
Mon, 16 Jun 2025CA$19.5bCA$17.0bCA$1.3b11.5x15.3x1.1x
Wed, 14 May 2025CA$19.3bCA$17.0bCA$1.3b10.5x15.3x1.1x
Fri, 11 Apr 2025CA$17.3bCA$16.8bCA$1.2b10.7x14.1x1x
Sun, 09 Mar 2025CA$18.5bCA$16.9bCA$1.2b11.3x15.5x1.1x
Tue, 04 Feb 2025CA$18.8bCA$16.7bCA$1.0b12.2x18.7x1.1x
Thu, 02 Jan 2025CA$19.3bCA$16.7bCA$1.0b12.9x19.3x1.2x
Sat, 30 Nov 2024CA$19.8bCA$16.7bCA$989.9m13.2x20x1.2x
Mon, 28 Oct 2024CA$20.9bCA$16.5bCA$994.2m15.2x21x1.3x
Wed, 25 Sep 2024CA$20.4bCA$16.4bCA$980.5m14.9x20.8x1.2x
Fri, 23 Aug 2024CA$19.4bCA$16.4bCA$957.3m15x20.2x1.2x
Sun, 21 Jul 2024CA$18.6bCA$16.2bCA$857.2m14.3x21.7x1.1x
Tue, 18 Jun 2024CA$18.5bCA$16.2bCA$857.1m14.4x21.6x1.1x
Thu, 16 May 2024CA$18.6bCA$16.3bCA$860.8m14.7x21.6x1.1x
Sat, 13 Apr 2024CA$17.6bCA$16.3bCA$790.4m12.7x22.3x1.1x
Mon, 11 Mar 2024CA$18.3bCA$16.3bCA$773.3m14.2x23.7x1.1x
Wed, 07 Feb 2024CA$16.0bCA$16.2bCA$903.4m13.9x17.7x1x
Fri, 05 Jan 2024CA$18.4bCA$18.3bCA$892.5m14.1x20.7x1x
Sun, 03 Dec 2023CA$17.9bCA$18.3bCA$913.3m13.1x19.6x1x
Tue, 31 Oct 2023CA$17.0bCA$18.3bCA$883.6m11x19.2x0.9x
Thu, 28 Sep 2023CA$17.5bCA$18.3bCA$873.2m10.4x20.1x1x
Sat, 26 Aug 2023CA$18.4bCA$18.4bCA$890.8m9.4x20.7x1x
Mon, 24 Jul 2023CA$19.4bCA$18.3bCA$873.0m9.7x22.3x1.1x
Wed, 21 Jun 2023CA$19.0bCA$18.3bCA$873.2m10.8x21.7x1x
Fri, 19 May 2023CA$21.0bCA$18.3bCA$884.0m10.4x23.7x1.1x
Sun, 16 Apr 2023CA$19.8bCA$18.0bCA$922.7m9.9x21.4x1.1x
Tue, 14 Mar 2023CA$18.9bCA$18.1bCA$927.4m9.4x20.4x1x
Thu, 09 Feb 2023CA$19.2bCA$17.8bCA$840.9m15.5x22.8x1.1x
Sat, 07 Jan 2023CA$18.5bCA$17.8bCA$839.2m16.3x22.1x1x
Mon, 05 Dec 2022CA$19.1bCA$17.8bCA$818.3m16.1x23.4x1.1x
Wed, 02 Nov 2022CA$19.2bCA$17.5bCA$818.6m15.5x23.4x1.1x
Price to Earnings Ratio

23.4x


Total Market Cap: CA$19.2bTotal Earnings: CA$818.6mTotal Revenue: CA$17.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Packaging Industry Price to Earnings3Y Average 19.9x202320242025
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 16.9x which is lower than its 3-year average PE of 19.9x.
  • 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 13% 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 Market0.37%
Materials-4.43%
Packaging5.09%
Paper Packaging9.50%
Metal and Glass Containers4.81%
Industry PE
  • Investors are most optimistic about the Metal and Glass Containers industry even though it's trading below its 3-year average PE ratio of 17.5x.
    • Analysts are expecting annual earnings growth of 3.6%, which is lower than the prior year's growth of 4.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 150% over the next 5 years.
  • This is better than its past earnings decline of 49% per year.
  • In contrast, the Metal and Glass Containers industry is expected to see its earnings grow by 3.6% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
CCL.B CCL IndustriesCA$81.064.9%
+CA$654.0m
-2.0%PE17.9x
WPK WinpakCA$44.075.8%
+CA$132.9m
-10.9%PE13.9x
CAS CascadesCA$11.3510.1%
+CA$105.3m
6.4%PS0.2x
TCL.A TranscontinentalCA$19.593.7%
+CA$58.5m
13.4%PE9.3x
RPI.UN Richards Packaging Income FundCA$32.701.3%
+CA$4.6m
4.7%PE14.8x

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