• Globe Life average price/book ratio for 2024 was 1.81, a 27.31% increase from 2023.
• Globe Life average price/book ratio for 2023 was 2.49, a 21.46% decline from 2022.
• Globe Life average price/book ratio for 2022 was 2.05, a 86.36% increase from 2021.

Price/book ratio can be defined as