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Canadian (TSX) Packaging Industry Analysis

UpdatedJun 03, 2026
DataAggregated Company Financials
Companies6
  • 7D-4.8%
  • 3M-15.9%
  • 1Y-3.5%
  • YTD-12.9%

Over the last 7 days, the Packaging industry has dropped 4.8%, driven by CCL Industries declining 6.1%. Overall the industry is down 3.5% in 12 months. As for the next few years, earnings are expected to grow by 7.0% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 03 Jun 2026CA$18.6bCA$17.2bCA$1.3b12.7x14.7x1.1x
Fri, 01 May 2026CA$18.8bCA$17.1bCA$1.2b15.6x15.3x1.1x
Sun, 29 Mar 2026CA$19.6bCA$17.2bCA$1.2b16.9x15.8x1.1x
Tue, 24 Feb 2026CA$22.1bCA$17.2bCA$1.2b17.5x18.3x1.3x
Thu, 22 Jan 2026CA$21.2bCA$17.2bCA$1.2b16.6x17.5x1.2x
Sat, 20 Dec 2025CA$21.3bCA$17.2bCA$1.2b16.8x17.6x1.2x
Mon, 17 Nov 2025CA$21.2bCA$17.3bCA$1.2b16.8x17.4x1.2x
Wed, 15 Oct 2025CA$18.7bCA$17.1bCA$1.2b14.9x15.8x1.1x
Fri, 12 Sep 2025CA$19.5bCA$17.1bCA$1.2b15.3x16.6x1.1x
Sun, 10 Aug 2025CA$19.3bCA$17.0bCA$1.3b13.3x15.4x1.1x
Tue, 08 Jul 2025CA$19.9bCA$17.0bCA$1.3b11.5x15.6x1.2x
Thu, 05 Jun 2025CA$19.7bCA$17.0bCA$1.3b12.2x15.7x1.2x
Sat, 03 May 2025CA$18.1bCA$16.8bCA$1.2b10.2x14.8x1.1x
Mon, 31 Mar 2025CA$17.6bCA$16.9bCA$1.2b11.2x14.3x1x
Wed, 26 Feb 2025CA$18.6bCA$16.9bCA$1.2b12.3x15.7x1.1x
Fri, 24 Jan 2025CA$19.2bCA$16.7bCA$1.0b12.8x19.2x1.2x
Sun, 22 Dec 2024CA$19.2bCA$16.7bCA$1.0b12.6x19.2x1.2x
Tue, 19 Nov 2024CA$19.7bCA$16.7bCA$989.9m14.6x19.9x1.2x
Thu, 17 Oct 2024CA$20.7bCA$16.4bCA$985.9m15x20.9x1.3x
Sat, 14 Sep 2024CA$20.2bCA$16.4bCA$982.7m14.6x20.5x1.2x
Mon, 12 Aug 2024CA$18.8bCA$16.4bCA$959.0m14.8x19.6x1.1x
Wed, 10 Jul 2024CA$18.1bCA$16.2bCA$855.7m14x21.1x1.1x
Fri, 07 Jun 2024CA$18.1bCA$16.3bCA$862.6m14.9x21x1.1x
Sun, 05 May 2024CA$18.2bCA$16.2bCA$781.1m14.3x23.3x1.1x
Tue, 02 Apr 2024CA$17.7bCA$16.3bCA$787.4m13x22.5x1.1x
Thu, 29 Feb 2024CA$17.9bCA$16.3bCA$768.3m14.8x23.3x1.1x
Sat, 27 Jan 2024CA$18.7bCA$18.3bCA$893.9m14.6x20.9x1x
Mon, 25 Dec 2023CA$18.5bCA$18.3bCA$891.2m13.8x20.8x1x
Wed, 22 Nov 2023CA$18.0bCA$18.3bCA$919.6m10.4x19.6x1x
Fri, 20 Oct 2023CA$17.3bCA$18.3bCA$875.9m11x19.8x0.9x
Sun, 17 Sep 2023CA$18.0bCA$18.3bCA$873.5m10.8x20.6x1x
Tue, 15 Aug 2023CA$18.7bCA$18.3bCA$888.8m9.3x21.1x1x
Thu, 13 Jul 2023CA$19.5bCA$18.3bCA$872.6m10x22.3x1.1x
Sat, 10 Jun 2023CA$19.4bCA$18.3bCA$874.8m10.9x22.2x1.1x
Price to Earnings Ratio

22.2x


Total Market Cap: CA$19.4bTotal Earnings: CA$874.8mTotal Revenue: CA$18.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Packaging Industry Price to Earnings3Y Average 18.8x202420252026
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 14.7x which is lower than its 3-year average PE of 18.8x.
  • 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.
  • Meanwhile revenues for these companies have declined 2.0% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Canadian Materials industry?

CA Market1.07%
Materials2.75%
Packaging-4.81%
Paper Packaging3.46%
Metal and Glass Containers-5.29%
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 16.9x.
    • Analysts are expecting annual earnings growth of 7.5%, which is higher than its past year's earnings decline of 8.4% per year.
  • Investors are most pessimistic about the Paper Packaging industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Metal and Glass Containers industry, expecting annual earnings growth of 7.5% over the next 5 years.
  • This is better than its past earnings decline of 8.4% per year.
  • In contrast, the Paper Packaging industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
CAS CascadesCA$10.903.4%
+CA$36.5m		21.9%PE10.8x
RIC Richards GroupCA$27.770.8%
+CA$2.5m		-11.3%PE18x
NEXE NEXE InnovationsCA$0.166.7%
+CA$972.9k		-23.8%PS29.8x

Latest News

TCL.A
CA$5.30
Transcontinental
7D
-1.7%
1Y
-75.5%
Narrative Update • Jun 02

TCL.A: Special Dividend And CEO Transition Will Drive Future Returns

Analysts have lowered their average 12 month price target for Transcontinental by about CA$20, reflecting updated views on discount rates, revenue trends, profit margins and future P/E assumptions. Analyst Commentary Bullish Takeaways Bullish analysts appear to see value in Transcontinental even with lower price targets, suggesting they still view the stock as having upside relative to current trading levels after recalibrating their models.
CCL.B
CA$83.53
CCL Industries
7D
-6.1%
1Y
6.1%
RIC
CA$27.77
Richards Group
7D
0.8%
1Y
-11.3%
CAS
CA$10.90
Cascades
7D
3.4%
1Y
21.9%
NEXE
CA$0.16
NEXE Innovations
7D
6.7%
1Y
-23.8%
WPK
CA$40.26
Winpak
7D
-1.3%
1Y
-9.1%