• Exelon average price/book ratio for 2023 was 1.47, a 10.91% increase from 2022.
• Exelon average price/book ratio for 2022 was 1.65, a 87.5% decline from 2021.
• Exelon average price/book ratio for 2021 was 0.88, a 35.38% increase from 2020.

Price/book ratio can be defined as