• Fortune Brands Innovations average price/book ratio for 2024 was 4.01, a 6.37% decline from 2023.
• Fortune Brands Innovations average price/book ratio for 2023 was 3.77, a 49.01% increase from 2022.
• Fortune Brands Innovations average price/book ratio for 2022 was 2.53, a 29.53% increase from 2021.

Price/book ratio can be defined as