• Cisco average price/book ratio for 2024 was 4.29, a 3.38% increase from 2023.
• Cisco average price/book ratio for 2023 was 4.44, a 3.9% decline from 2022.
• Cisco average price/book ratio for 2022 was 4.62, a 2.74% decline from 2021.

Price/book ratio can be defined as