• Allstate average price/book ratio for 2024 was 2.37, a 27.42% increase from 2023.
• Allstate average price/book ratio for 2023 was 1.86, a 7.51% increase from 2022.
• Allstate average price/book ratio for 2022 was 1.73, a 39.52% increase from 2021.

Price/book ratio can be defined as