• Ensign average price/book ratio for 2023 was 3.92, a 2.97% increase from 2022.
• Ensign average price/book ratio for 2022 was 4.04, a 17.89% decline from 2021.
• Ensign average price/book ratio for 2021 was 4.92, a 32.26% decline from 2020.

Price/book ratio can be defined as