• FactSet Research Systems average price/book ratio for 2024 was 8.85, a 7.91% decline from 2023.
• FactSet Research Systems average price/book ratio for 2023 was 9.61, a 18.56% decline from 2022.
• FactSet Research Systems average price/book ratio for 2022 was 11.8, a 9.79% decline from 2021.

Price/book ratio can be defined as