• Coty average price/book ratio for 2023 was 2.54, a 32.98% decline from 2022.
• Coty average price/book ratio for 2022 was 1.91, a 13.18% increase from 2021.
• Coty average price/book ratio for 2021 was 2.2, a 105.61% decline from 2020.

Price/book ratio can be defined as