• Eastman Chemical average price/book ratio for 2023 was 1.77, a 2.75% increase from 2022.
• Eastman Chemical average price/book ratio for 2022 was 1.82, a 18.39% decline from 2021.
• Eastman Chemical average price/book ratio for 2021 was 2.23, a 55.94% decline from 2020.

Price/book ratio can be defined as