• Amazon average price/book ratio for 2024 was 8.23, a 10.32% decline from 2023.
• Amazon average price/book ratio for 2023 was 7.46, a 14.45% increase from 2022.
• Amazon average price/book ratio for 2022 was 8.72, a 38.07% decline from 2021.

Price/book ratio can be defined as