• Fifth Third Bancorp average price/book ratio for 2024 was 1.34, a 34% decline from 2023.
• Fifth Third Bancorp average price/book ratio for 2023 was 1, a 15.25% increase from 2022.
• Fifth Third Bancorp average price/book ratio for 2022 was 1.18, a 9.26% decline from 2021.

Price/book ratio can be defined as