• Coupang average price/book ratio for 2024 was 9.34, a 6.04% increase from 2023.
• Coupang average price/book ratio for 2023 was 9.94, a 21.36% decline from 2022.
• Coupang average price/book ratio for 2022 was 12.64, a 46.64% decline from 2021.

Price/book ratio can be defined as