• AMD average price/book ratio for 2023 was 3.37, a 46.52% increase from 2022.
• AMD average price/book ratio for 2022 was 2.3, a 87.14% increase from 2021.
• AMD average price/book ratio for 2021 was 17.88, a 11.44% decline from 2020.

Price/book ratio can be defined as