• GATX average price/book ratio for 2024 was 1.98, a 7.03% increase from 2023.
• GATX average price/book ratio for 2023 was 1.85, a 7.56% increase from 2022.
• GATX average price/book ratio for 2022 was 1.72, a 9.55% increase from 2021.

Price/book ratio can be defined as