• Commercial Metals average price/book ratio for 2023 was 1.4, a 7.28% increase from 2022.
• Commercial Metals average price/book ratio for 2022 was 1.51, a 2.58% decline from 2021.
• Commercial Metals average price/book ratio for 2021 was 1.55, a 34.78% decline from 2020.

Price/book ratio can be defined as