• Fiserv average price/book ratio for 2023 was 2.41, a 23.59% increase from 2022.
• Fiserv average price/book ratio for 2022 was 1.95, a 12.95% increase from 2021.
• Fiserv average price/book ratio for 2021 was 2.24, a 7.69% decline from 2020.

Price/book ratio can be defined as