• Datadog average price/book ratio for 2023 was 17.8, a 32.83% increase from 2022.
• Datadog average price/book ratio for 2022 was 26.5, a 35.94% decline from 2021.
• Datadog average price/book ratio for 2021 was 41.37, a 32.81% decline from 2020.

Price/book ratio can be defined as