• Graco average price/book ratio for 2024 was 6.02, a 3.06% decline from 2023.
• Graco average price/book ratio for 2023 was 6.21, a 5.08% decline from 2022.
• Graco average price/book ratio for 2022 was 5.91, a 25.1% increase from 2021.

Price/book ratio can be defined as