American Airlines Group Inc. (NASDAQ:AAL) shares have continued their recent momentum with a 26% gain in the last month alone. Taking a wider view, although not as strong as the last month, the full year gain of 13% is also fairly reasonable.
In spite of the firm bounce in price, you could still be forgiven for feeling indifferent about American Airlines Group’s P/S ratio of 0.2x, since the median price-to-sales (or “P/S”) ratio for the Airlines industry in the United States is also…
