• Alkermes average price/book ratio for 2024 was 3.36, a 16.21% increase from 2023.
• Alkermes average price/book ratio for 2023 was 4.01, a 0.74% decline from 2022.
• Alkermes average price/book ratio for 2022 was 4.04, a 12.22% decline from 2021.

Price/book ratio can be defined as