Packaging Corporation of America drawdown: 9.6% below the all-time high
Packaging Corporation of America is 9.6% below its all-time high, set Aug 11, 2026 (as of market close, Sep 18, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −9.6%
- 90.4% of ATH
- All-time high
- $257.43
- Aug 11, 2026
- Time below the high
- 38 days
- since Aug 11, 2026
- Worst-ever drawdown
- −69.2%
- Mar 9, 2009
- Longest underwater
- 4.8 yrs
- between all-time highs
- Today's level first reached
- Nov 6, 2024
- 1.9 yrs ago
- Last time this deep
- Jul 9, 2026
- in a previous episode
% of all-time high since 2000#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Oct 31, 2007 | Mar 9, 2009 | −69.2% | 16 mo | Aug 15, 2012 | 4.8 yrs |
| Feb 23, 2015 | Feb 19, 2016 | −46.4% | 12 mo | Oct 19, 2016 | 1.7 yrs |
| Jan 8, 2018 | Mar 23, 2020 | −41.2% | 2.2 yrs | Nov 10, 2020 | 2.8 yrs |
| Apr 20, 2022 | Sep 30, 2022 | −32.7% | 5 mo | Nov 30, 2023 | 1.6 yrs |
| Nov 29, 2024 | Apr 8, 2025 | −29.3% | 4 mo | Jul 24, 2026 | 1.6 yrs |
| Mar 4, 2005 | Oct 7, 2005 | −27.8% | 7 mo | Feb 20, 2007 | 2.0 yrs |
| Aug 14, 2001 | Oct 2, 2001 | −27.8% | 49 days | May 6, 2002 | 9 mo |
| Dec 27, 2000 | Mar 22, 2001 | −22.1% | 3 mo | Jul 10, 2001 | 6 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2000: how far Packaging Corporation of America stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Packaging Corporation of America from its all-time high?
- Packaging Corporation of America is currently 9.6% below its all-time high, set Aug 11, 2026 (as of market close, Sep 18, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Packaging Corporation of America drawdown ever?
- The deepest decline on record in our data (since 2000) took Packaging Corporation of America 69.2% below its prior high, bottoming Mar 9, 2009. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from PKG; no free deep history exists for Packaging Corporation of America — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.