• Fortune Brands Innovations average price/book ratio for 2024 was 4.22, a 10.76% decline from 2023.
• Fortune Brands Innovations average price/book ratio for 2023 was 3.81, a 34.15% increase from 2022.
• Fortune Brands Innovations average price/book ratio for 2022 was 2.84, a 33.02% increase from 2021.

Price/book ratio can be defined as