• Dover average price/book ratio for 2024 was 4.39, a 2.57% decline from 2023.
• Dover average price/book ratio for 2023 was 4.28, a 0% increase from 2022.
• Dover average price/book ratio for 2022 was 4.28, a 23.57% decline from 2021.

Price/book ratio can be defined as