• Dolby Laboratories average price/book ratio for 2024 was 3.08, a 6.95% increase from 2023.
• Dolby Laboratories average price/book ratio for 2023 was 3.31, a 17.79% decline from 2022.
• Dolby Laboratories average price/book ratio for 2022 was 2.81, a 19.94% increase from 2021.

Price/book ratio can be defined as