• ABB average price/book ratio for 2022 was 4.14, a 5.48% increase from 2021.
• ABB average price/book ratio for 2021 was 4.38, a 39.94% decline from 2020.
• ABB average price/book ratio for 2020 was 3.13, a 13.82% increase from 2019.

Price/book ratio can be defined as