• Broadcom average price/book ratio for 2024 was 9.8, a 24.73% increase from 2023.
• Broadcom average price/book ratio for 2023 was 13.02, a 37.34% decline from 2022.
• Broadcom average price/book ratio for 2022 was 9.48, a 27.42% increase from 2021.

Price/book ratio can be defined as