• Fortune Brands Innovations average price/book ratio for 2024 was 4.02, a 6.07% decline from 2023.
• Fortune Brands Innovations average price/book ratio for 2023 was 3.79, a 49.21% increase from 2022.
• Fortune Brands Innovations average price/book ratio for 2022 was 2.54, a 29.44% increase from 2021.

Price/book ratio can be defined as