• Air Lease average price/book ratio for 2024 was 0.71, a 12.7% decline from 2023.
• Air Lease average price/book ratio for 2023 was 0.63, a 5% increase from 2022.
• Air Lease average price/book ratio for 2022 was 0.6, a 14.29% increase from 2021.

Price/book ratio can be defined as