• Exelon average price/book ratio for 2023 was 1.45, a 11.04% increase from 2022.
• Exelon average price/book ratio for 2022 was 1.63, a 87.36% decline from 2021.
• Exelon average price/book ratio for 2021 was 0.87, a 33.85% increase from 2020.

Price/book ratio can be defined as