• Canon average price/book ratio for 2022 was 0.88, a 3.53% decline from 2021.
• Canon average price/book ratio for 2021 was 0.85, a 16.44% increase from 2020.
• Canon average price/book ratio for 2020 was 0.73, a 26.26% increase from 2019.

Price/book ratio can be defined as