• Antero Midstream average price/book ratio for 2024 was 3.17, a 37.83% increase from 2023.
• Antero Midstream average price/book ratio for 2023 was 2.3, a 31.43% increase from 2022.
• Antero Midstream average price/book ratio for 2022 was 1.75, a 15.13% increase from 2021.

Price/book ratio can be defined as