• Equinix average price/book ratio for 2024 was 6.11, a 6.82% increase from 2023.
• Equinix average price/book ratio for 2023 was 5.72, a 10% increase from 2022.
• Equinix average price/book ratio for 2022 was 5.2, a 15.72% increase from 2021.

Price/book ratio can be defined as