• Antero Midstream average price/book ratio for 2024 was 3.32, a 28.19% increase from 2023.
• Antero Midstream average price/book ratio for 2023 was 2.59, a 22.75% increase from 2022.
• Antero Midstream average price/book ratio for 2022 was 2.11, a 14.67% increase from 2021.

Price/book ratio can be defined as