• Citigroup average price/book ratio for 2024 was 0.58, a 45% increase from 2023.
• Citigroup average price/book ratio for 2023 was 0.4, a 2.44% increase from 2022.
• Citigroup average price/book ratio for 2022 was 0.41, a 30.51% decline from 2021.

Price/book ratio can be defined as