• Aflac average price/book ratio for 2024 was 2.15, a 9.14% decline from 2023.
• Aflac average price/book ratio for 2023 was 1.97, a 30.46% increase from 2022.
• Aflac average price/book ratio for 2022 was 1.51, a 51% increase from 2021.

Price/book ratio can be defined as