• Acuity Brands Inc average price/book ratio for 2023 was 2.68, a 10.07% increase from 2022.
• Acuity Brands Inc average price/book ratio for 2022 was 2.98, a 0.67% decline from 2021.
• Acuity Brands Inc average price/book ratio for 2021 was 3, a 55.44% decline from 2020.

Price/book ratio can be defined as