• HF Sinclair average price/book ratio for 2023 was 0.9, a 5.26% decline from 2022.
• HF Sinclair average price/book ratio for 2022 was 0.95, a 17.28% decline from 2021.
• HF Sinclair average price/book ratio for 2021 was 0.81, a 35% increase from 2020.

Price/book ratio can be defined as