• Crocs average price/book ratio for 2023 was 5.58, a 35.19% decline from 2022.
• Crocs average price/book ratio for 2022 was 8.61, a 94.19% decline from 2021.
• Crocs average price/book ratio for 2021 was 148.07, a 979.23% decline from 2020.

Price/book ratio can be defined as