• CGI average price/book ratio for 2024 was 3.67, a 5.41% decline from 2023.
• CGI average price/book ratio for 2023 was 3.88, a 13.12% decline from 2022.
• CGI average price/book ratio for 2022 was 3.43, a 12.94% increase from 2021.

Price/book ratio can be defined as