• Costco average price/book ratio for 2024 was 16.66, a 77.05% increase from 2023.
• Costco average price/book ratio for 2023 was 9.41, a 10.97% increase from 2022.
• Costco average price/book ratio for 2022 was 10.57, a 3.63% decline from 2021.

Price/book ratio can be defined as