Published on 9 Nov 2023 on Simply Wall St. via Yahoo Finance

Ardagh Metal Packaging S.A.'s (NYSE:AMBP) Shares Leap 26% Yet They're Still Not Telling The Full...

Ardagh Metal Packaging S.A. (NYSE:AMBP) shares have had a really impressive month, gaining 26% after a shaky period beforehand. Not all shareholders will be feeling jubilant, since the share price is still down a very disappointing 20% in the last twelve months.

In spite of the firm bounce in price, it's still not a stretch to say that Ardagh Metal Packaging's price-to-sales (or "P/S") ratio of 0.4x right now seems quite "middle-of-the-road" compared to the Packaging industry in the United States, where the median P/S ratio is around 0.7x. Although, it's not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.

Check out our latest analysis for Ardagh Metal Packaging