• Copart average price/book ratio for 2024 was 6.77, a 2.42% decline from 2023.
• Copart average price/book ratio for 2023 was 6.61, a 2.01% increase from 2022.
• Copart average price/book ratio for 2022 was 6.48, a 30.84% increase from 2021.

Price/book ratio can be defined as