Packaging Corporation of America
Packaging Corporation of America (NYSE: PKG) is trading at $238.11, about ₹22,863 at today's USD/INR rate, as of 24 Sep 2026, 4:00 PM ET, down 1.19% today. Indian residents can buy Packaging Corporation of America from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$235.73
Today's high
$241.87
52 week low
$191.50
52 week high
$259.98
PKG opened at $241.87, closed previously at $240.98, and has traded between $191.50 and $259.98 over the past 52 weeks.
About
Packaging Corporation of America (PCA) is a U.S.-based enterprise specializing in the production and sale of containerboard and corrugated packaging materials. Its operations are organized into two primary divisions: Packaging and Paper. The Packaging division offers an extensive array of containerboard and corrugated solutions. These encompass conventional shipping containers designed for safeguarding and transporting manufactured goods, vibrant multi-color boxes and point-of-sale displays aimed at enhancing product merchandising in retail environments, and honeycomb protective packaging. This segment also provides specialized packaging for perishable goods like meat and fresh produce, processed foods, beverages, and a broad spectrum of other industrial and consumer products. Its corrugated offerings reach customers through a multi-channel approach, utilizing a dedicated direct sales and marketing team, independent brokers, and various distribution partners. Meanwhile, the Paper segment focuses on manufacturing and distributing a range of commodity and specialty papers. This includes communication papers, such as standard cut-size office paper, along with specialized printing and converting papers. Sales of its white paper products are managed directly by its internal sales and marketing organization. Tracing its origins back to 1867, Packaging Corporation of America maintains its corporate headquarters in Lake Forest, Illinois.
Key statistics
Avg. volume
640.98K
Market cap
$21.22B
P/E Ratio
30.80
Price-to-sales ratio
2.23
Enterprise value
$25.18B
Free cash flow yield
3.50%
Debt-to-equity ratio
0.94
Return on equity
14.86%
ROIC
9.17%
Beta
0.80
Dividend yield
2.31%
Last dividend
$5.50
Financial overview
Revenue
$8.99B
Earnings per share
$8.58
Free cash flow
$728.60M
Net profit margin
7.25%
Gross margin
20.11%
EBITDA
$1.76B
Revenue growth
7.23%
Similar securities
This is not an investment recommendation
How to buy Packaging Corporation of America from India
Indian residents can buy Packaging Corporation of America shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Packaging Corporation of America and place an order
Find Packaging Corporation of America by name or by its ticker, PKG, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Packaging Corporation of America trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Packaging Corporation of America position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Packaging Corporation of America from India
Trading and taxes when buying Packaging Corporation of America from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Packaging Corporation of America’s current yield is 2.31%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Packaging Corporation of America stock?
Yes. Packaging Corporation of America (PKG) has been listed on the New York Stock Exchange since 2000, in the Packaging & Containers industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Packaging Corporation of America share cost in rupees?
One Packaging Corporation of America share is $238.11 — about ₹22,863 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Packaging Corporation of America price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Packaging Corporation of America from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy Packaging Corporation of America with less than the price of one share?
Yes. A whole Packaging Corporation of America share is $238.11, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Packaging Corporation of America shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Packaging Corporation of America price. Paasa issues a capital-gains statement for your return.
Does Packaging Corporation of America pay a dividend, and how is it taxed in India?
Yes. Packaging Corporation of America pays a dividend and the current yield is 2.31%; the last declared dividend was $5.50 per share, about ₹528.11. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Packaging Corporation of America from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Packaging Corporation of America shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Packaging Corporation of America shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Packaging Corporation of America holding, its cost and its closing value.
How do I sell Packaging Corporation of America and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.