• Assurant average price/book ratio for 2024 was 1.87, a 18.35% increase from 2023.
• Assurant average price/book ratio for 2023 was 1.58, a 11.73% increase from 2022.
• Assurant average price/book ratio for 2022 was 1.79, a 21.77% decline from 2021.

Price/book ratio can be defined as