• Avery Dennison average price/book ratio for 2024 was 7.71, a 9.21% decline from 2023.
• Avery Dennison average price/book ratio for 2023 was 7.06, a 4.59% increase from 2022.
• Avery Dennison average price/book ratio for 2022 was 6.75, a 26.63% increase from 2021.

Price/book ratio can be defined as