• Cisco average price/book ratio for 2024 was 4.35, a 3.33% increase from 2023.
• Cisco average price/book ratio for 2023 was 4.5, a 3.85% decline from 2022.
• Cisco average price/book ratio for 2022 was 4.68, a 2.7% decline from 2021.

Price/book ratio can be defined as