• Arcosa average price/book ratio for 2023 was 1.55, a 22.05% increase from 2022.
• Arcosa average price/book ratio for 2022 was 1.27, a 9.29% increase from 2021.
• Arcosa average price/book ratio for 2021 was 1.4, a 20.69% decline from 2020.

Price/book ratio can be defined as