• Albemarle average price/book ratio for 2024 was 1.07, a 51.14% decline from 2023.
• Albemarle average price/book ratio for 2023 was 2.19, a 42.06% decline from 2022.
• Albemarle average price/book ratio for 2022 was 3.78, a 5.29% decline from 2021.

Price/book ratio can be defined as