• Baidu average price/book ratio for 2024 was 0.78, a 33.33% increase from 2023.
• Baidu average price/book ratio for 2023 was 1.17, a 2.5% decline from 2022.
• Baidu average price/book ratio for 2022 was 1.2, a 20.53% decline from 2021.

Price/book ratio can be defined as