• Colgate-Palmolive average price/book ratio for 2023 was 135.83, a 67.26% decline from 2022.
• Colgate-Palmolive average price/book ratio for 2022 was 81.21, a 11.35% increase from 2021.
• Colgate-Palmolive average price/book ratio for 2021 was 72.93, a 14.81% increase from 2020.

Price/book ratio can be defined as