• Eaton average price/book ratio for 2024 was 6.65, a 50.79% decline from 2023.
• Eaton average price/book ratio for 2023 was 4.41, a 34.86% increase from 2022.
• Eaton average price/book ratio for 2022 was 3.27, a 9.67% increase from 2021.

Price/book ratio can be defined as