• Canon average price/book ratio for 2023 was 0.85, a 3.41% increase from 2022.
• 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.

Price/book ratio can be defined as