• Cencora average price/book ratio for 2023 was 48.95, a 78.7% decline from 2022.
• Cencora average price/book ratio for 2022 was 229.82, a 548.66% decline from 2021.
• Cencora average price/book ratio for 2021 was 35.43, a 1394.94% increase from 2020.

Price/book ratio can be defined as