• AMETEK average price/book ratio for 2024 was 4.31, a 0.47% decline from 2023.
• AMETEK average price/book ratio for 2023 was 4.29, a 9.16% increase from 2022.
• AMETEK average price/book ratio for 2022 was 3.93, a 15.3% increase from 2021.

Price/book ratio can be defined as