• Credit Acceptance average price/book ratio for 2024 was 3.78, a 6.48% decline from 2023.
• Credit Acceptance average price/book ratio for 2023 was 3.55, a 10.35% increase from 2022.
• Credit Acceptance average price/book ratio for 2022 was 3.96, a 3.39% decline from 2021.

Price/book ratio can be defined as