• ChampionX average price/book ratio for 2024 was 3.41, a 2.57% decline from 2023.
• ChampionX average price/book ratio for 2023 was 3.5, a 33.08% decline from 2022.
• ChampionX average price/book ratio for 2022 was 2.63, a 0.77% increase from 2021.

Price/book ratio can be defined as