• AZEK average price/book ratio for 2024 was 5.02, a 53.52% increase from 2023.
• AZEK average price/book ratio for 2023 was 3.27, a 58.74% increase from 2022.
• AZEK average price/book ratio for 2022 was 2.06, a 55.41% increase from 2021.

Price/book ratio can be defined as