• AMETEK average price/book ratio for 2023 was 4.32, a 9.37% increase from 2022.
• AMETEK average price/book ratio for 2022 was 3.95, a 15.24% increase from 2021.
• AMETEK average price/book ratio for 2021 was 4.66, a 23.28% decline from 2020.

Price/book ratio can be defined as