• Carlisle average price/book ratio for 2023 was 4.35, a 0.46% increase from 2022.
• Carlisle average price/book ratio for 2022 was 4.33, a 7.44% increase from 2021.
• Carlisle average price/book ratio for 2021 was 4.03, a 50.37% increase from 2020.

Price/book ratio can be defined as