• Aspen Technology average price/book ratio for 2024 was 1.07, a 4.9% increase from 2023.
• Aspen Technology average price/book ratio for 2023 was 1.02, a 76.44% increase from 2022.
• Aspen Technology average price/book ratio for 2022 was 4.33, a 67.3% decline from 2021.

Price/book ratio can be defined as