• Ford Motor average price/book ratio for 2023 was 1.15, a 15% decline from 2022.
• Ford Motor average price/book ratio for 2022 was 1, a 25.93% increase from 2021.
• Ford Motor average price/book ratio for 2021 was 1.35, a 90.14% decline from 2020.

Price/book ratio can be defined as