• Bank Of New York Mellon average price/book ratio for 2024 was 1.16, a 39.76% increase from 2023.
• Bank Of New York Mellon average price/book ratio for 2023 was 0.83, a 3.75% increase from 2022.
• Bank Of New York Mellon average price/book ratio for 2022 was 0.8, a 9.09% increase from 2021.

Price/book ratio can be defined as