• Celanese average price/book ratio for 2023 was 2.01, a 8.64% decline from 2022.
• Celanese average price/book ratio for 2022 was 2.2, a 41.95% decline from 2021.
• Celanese average price/book ratio for 2021 was 3.79, a 11.8% decline from 2020.

Price/book ratio can be defined as