• Flex average price/book ratio for 2024 was 2.38, a 21.43% increase from 2023.
• Flex average price/book ratio for 2023 was 1.96, a 2.62% increase from 2022.
• Flex average price/book ratio for 2022 was 1.91, a 22.36% increase from 2021.

Price/book ratio can be defined as