• Aptiv average price/book ratio for 2023 was 2.76, a 8% decline from 2022.
• Aptiv average price/book ratio for 2022 was 3, a 38.27% decline from 2021.
• Aptiv average price/book ratio for 2021 was 4.86, a 49.54% decline from 2020.

Price/book ratio can be defined as