• Eaton average price/book ratio for 2024 was 6.56, a 48.08% increase from 2023.
• Eaton average price/book ratio for 2023 was 4.43, a 35.06% increase from 2022.
• Eaton average price/book ratio for 2022 was 3.28, a 9.64% increase from 2021.

Price/book ratio can be defined as