• AGCO average price/book ratio for 2024 was 1.81, a 13.81% increase from 2023.
• AGCO average price/book ratio for 2023 was 2.1, a 5.83% decline from 2022.
• AGCO average price/book ratio for 2022 was 2.23, a 14.23% decline from 2021.

Price/book ratio can be defined as