• Altair Engineering average price/book ratio for 2024 was 9.85, a 5.8% increase from 2023.
• Altair Engineering average price/book ratio for 2023 was 9.31, a 29.13% increase from 2022.
• Altair Engineering average price/book ratio for 2022 was 7.21, a 34.22% increase from 2021.

Price/book ratio can be defined as