• Graco average price/book ratio for 2024 was 5.86, a 5.02% decline from 2023.
• Graco average price/book ratio for 2023 was 6.17, a 4.75% decline from 2022.
• Graco average price/book ratio for 2022 was 5.89, a 25.35% increase from 2021.

Price/book ratio can be defined as