• Arrow Electronics average price/book ratio for 2023 was 1.26, a 1.61% decline from 2022.
• Arrow Electronics average price/book ratio for 2022 was 1.24, a 22.01% increase from 2021.
• Arrow Electronics average price/book ratio for 2021 was 1.59, a 37.07% decline from 2020.

Price/book ratio can be defined as