• Dillard's average price/book ratio for 2024 was 3.26, a 10.14% increase from 2023.
• Dillard's average price/book ratio for 2023 was 2.96, a 6.86% increase from 2022.
• Dillard's average price/book ratio for 2022 was 2.77, a 72.05% increase from 2021.

Price/book ratio can be defined as