Along with how it smells, yes. Some fragrances you can tell if they used quality ingredients.
Always amazes me that should be the case though. AT the concentrations used and even with the most eye watering prices of natural ingredients, even some of the most expensive fragrances costing £100 per bottle only contain £1-£4 of ingredients.
Kind of makes very little sense that some companies skimp and save a £1 a bottle on ingredients bu using artificial or low quality (not denying they do, but with the margins involved, whats the point?)
With most fragrances 90% of the cost of what you buy is the bottle and the packaging.
I would love it if there was a decent company who supplied their aftershave in plain glass bottles and a brown box and spent all the money on the ingredients. Milton Lloyd seem to have done exactly this.
Interesting fact is that more often or not the price of an aftershave/perfume is dictated by the perceived cost and exclusivity. Some of the £100 fragrances wouldn't sell if they were offered for sale at £5 per bottle.
I am sure I saw a documentary a few years ago where some perfume company was launching a new perfume and did some studies/opinion research and if priced at £20 hardly anybody would buy it but if they marketed it at £50, loads of people were interested in buying it.