• Airbnb average price/book ratio for 2024 was 11.56, a 10.39% decline from 2023.
• Airbnb average price/book ratio for 2023 was 12.9, a 8.05% decline from 2022.
• Airbnb average price/book ratio for 2022 was 14.03, a 40.53% decline from 2021.

Price/book ratio can be defined as