Packaging Corp Of America (PKG) Stock Still Looks Pricey Despite 91% Five Year Gain

Packaging Corporation of America has rewarded long term holders, with the share price rising 91.3% over the past 5 years, so the key issue now is whether that kind of share price performance still lines up with what the business earns. With the stock recently closing at US$235.57, the immediate question for investors is how much of the current earnings power is already reflected in that price. A 91.3% gain over 5 years means anyone looking at Packaging Corporation of America today is really...