• EMCOR average price/book ratio for 2024 was 6.68, a 64.53% decline from 2023.
• EMCOR average price/book ratio for 2023 was 4.06, a 37.63% increase from 2022.
• EMCOR average price/book ratio for 2022 was 2.95, a 0% increase from 2021.

Price/book ratio can be defined as