• Best Buy average price/book ratio for 2023 was 5.75, a 1.88% increase from 2022.
• Best Buy average price/book ratio for 2022 was 5.86, a 1.03% decline from 2021.
• Best Buy average price/book ratio for 2021 was 5.8, a 4.5% increase from 2020.

Price/book ratio can be defined as