• Globe Life average price/book ratio for 2024 was 1.83, a 26.8% increase from 2023.
• Globe Life average price/book ratio for 2023 was 2.5, a 21.36% decline from 2022.
• Globe Life average price/book ratio for 2022 was 2.06, a 87.27% increase from 2021.

Price/book ratio can be defined as