• GATX average price/book ratio for 2024 was 2.04, a 10.87% increase from 2023.
• GATX average price/book ratio for 2023 was 1.84, a 7.6% increase from 2022.
• GATX average price/book ratio for 2022 was 1.71, a 9.62% increase from 2021.

Price/book ratio can be defined as