• CNH Industrial average price/book ratio for 2024 was 1.82, a 17.27% decline from 2023.
• CNH Industrial average price/book ratio for 2023 was 2.2, a 19.12% decline from 2022.
• CNH Industrial average price/book ratio for 2022 was 2.72, a 21.16% decline from 2021.

Price/book ratio can be defined as