• Dollar Tree average price/book ratio for 2024 was 3.06, a 13.07% decline from 2023.
• Dollar Tree average price/book ratio for 2023 was 3.52, a 16.78% decline from 2022.
• Dollar Tree average price/book ratio for 2022 was 4.23, a 26.27% decline from 2021.

Price/book ratio can be defined as