• Edison average price/book ratio for 2024 was 1.63, a 15.6% decline from 2023.
• Edison average price/book ratio for 2023 was 1.41, a 11.9% increase from 2022.
• Edison average price/book ratio for 2022 was 1.26, a 9.57% increase from 2021.

Price/book ratio can be defined as