Over the last 7 days, the Packaging industry has remained flat. As for the the longer term, the industry is up 9.7% over the past 12 months.
Has the U.S. Packaging Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 28 Nov 2021 | US$153.7b | US$136.4b | US$7.6b | 22.9x |
| Tue, 26 Oct 2021 | US$152.9b | US$132.3b | US$5.3b | 18.9x |
| Thu, 23 Sep 2021 | US$153.2b | US$131.4b | US$5.4b | 19.3x |
| Sat, 21 Aug 2021 | US$157.1b | US$125.1b | US$5.0b | 21.2x |
| Sat, 05 Jun 2021 | US$157.9b | US$119.4b | US$4.6b | 25.4x |
| Tue, 09 Mar 2021 | US$136.8b | US$117.4b | US$3.6b | 26.2x |
| Mon, 30 Nov 2020 | US$135.5b | US$115.2b | US$3.2b | 22.9x |
| Thu, 03 Sep 2020 | US$109.1b | US$110.7b | US$4.8b | 18.5x |
| Sun, 07 Jun 2020 | US$100.6b | US$112.8b | US$5.2b | 17x |
| Sat, 29 Feb 2020 | US$100.3b | US$112.7b | US$5.6b | 16.6x |
| Tue, 03 Dec 2019 | US$113.0b | US$112.2b | US$5.8b | 18.7x |
| Fri, 06 Sep 2019 | US$109.8b | US$117.7b | US$6.0b | 16.5x |
| Mon, 10 Jun 2019 | US$102.5b | US$117.3b | US$6.1b | 15.4x |
| Sun, 03 Mar 2019 | US$104.0b | US$115.9b | US$6.4b | 16.4x |
| Wed, 05 Dec 2018 | US$104.0b | US$113.7b | US$8.6b | 13.9x |
13.9x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 19.1x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Packaging industry have declined 3.9% per year over the last three years, while revenues for these companies have grown 6.2% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the U.S. Packaging industry?
| Metal and Glass Containers | -0.54% | |
| Paper Packaging | -0.92% | |
Industry PE: Investors are most optimistic about the Metal and Glass Containers industry which is trading above its 3-year average PE ratio of 18.7x. However analysts are expecting annual earnings growth of 14%, which is lower than the prior year's growth of 24% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Paper Packaging industry, which is trading close to its 3-year average of 18.7x.
Forecasted Growth: Analysts are most optimistic on the Paper Packaging industry, expecting annual earnings growth of 20% over the next 5 years. However this is lower than its past earnings growth rate of 63% per year. Meanwhile, the Metal and Glass Containers industry is expected to see its earnings grow by 14% per year over the next few years.
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| BERY Berry Global Group | 1.5%+US$129.9m | 24.0% | PE12.3x | |
| GPK Graphic Packaging Holding | 1.0%+US$64.5m | 33.7% | PE27.9x | |
| OI O-I Glass | 2.8%+US$50.2m | -2.3% | PE26x | |
| PKG Packaging Corporation of America | 0.4%+US$45.3m | 0.6% | PE17x | |
| SLGN Silgan Holdings | 0.9%+US$40.9m | 24.7% | PE14.1x |
