• ATI average price/book ratio for 2023 was 4.07, a 12.43% increase from 2022.
• ATI average price/book ratio for 2022 was 3.62, a 1.12% increase from 2021.
• ATI average price/book ratio for 2021 was 3.58, a 179.69% increase from 2020.

Price/book ratio can be defined as