• Eaton average price/book ratio for 2024 was 6.63, a 50.68% increase from 2023.
• Eaton average price/book ratio for 2023 was 4.4, a 34.97% increase from 2022.
• Eaton average price/book ratio for 2022 was 3.26, a 9.7% increase from 2021.

Price/book ratio can be defined as