• Cooper average price/book ratio for 2023 was 0.6, a 0% increase from 2022.
• Cooper average price/book ratio for 2022 was 0.6, a 22.08% decline from 2021.
• Cooper average price/book ratio for 2021 was 0.77, a 23.76% decline from 2020.

Price/book ratio can be defined as