• Asbury Automotive average price/book ratio for 2023 was 1.49, a 3.47% increase from 2022.
• Asbury Automotive average price/book ratio for 2022 was 1.44, a 50% increase from 2021.
• Asbury Automotive average price/book ratio for 2021 was 2.88, a 26.32% decline from 2020.

Price/book ratio can be defined as