O-I Glass Inc

NYSE OI

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O-I Glass Inc Price to Sales Ratio (P/S) on June 03, 2024: 0.28

O-I Glass Inc Price to Sales Ratio (P/S) is 0.28 on June 03, 2024, a -41.50% change year over year. The price to sales ratio compares the market price per share of a company's stock to its sales revenue per share. It is calculated by dividing the market capitalization by the revenue, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's sales revenue. A higher ratio suggests that investors are willing to pay a higher price for each unit of sales revenue, indicating positive market sentiment and expectations for future revenue growth.

O-I Glass Inc 52-week high Price to Sales Ratio (P/S) is 0.51 on July 25, 2023, which is 81.71% above the current Price to Sales Ratio (P/S).
O-I Glass Inc 52-week low Price to Sales Ratio (P/S) is 0.28 on May 23, 2024, which is -1.54% below the current Price to Sales Ratio (P/S).
O-I Glass Inc average Price to Sales Ratio (P/S) for the last 52 weeks is 0.37.

NYSE: OI

O-I Glass Inc

CEO	Mr. Andres Alberto Lopez
IPO Date	Dec. 11, 1991
Location	United States
Headquarters	One Michael Owens Way, Perrysburg, OH, United States, 43551-2999
Employees	23,000
Sector	Consumer Cyclical
Industry	Packaging & containers

Description

O-I Glass, Inc., through its subsidiaries, engages in the manufacture and sale of glass containers to food and beverage manufacturers primarily in the Americas, Europe, and internationally. The company produces glass containers for alcoholic beverages, including beer, flavored malt beverages, spirits, and wine. It is also involved in the production of glass packaging for various food items, soft drinks, tea, juices, and pharmaceuticals. In addition, the company offers glass containers in a range of sizes, shapes, and colors. It sells its products directly to customers under annual or multi-year supply agreements, as well as through distributors. O-I Glass, Inc. was founded in 1903 and is based in Perrysburg, Ohio.

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