• Genmab average price/book ratio for 2024 was 3.78, a 31.4% decline from 2023.
• Genmab average price/book ratio for 2023 was 5.51, a 15.49% decline from 2022.
• Genmab average price/book ratio for 2022 was 6.52, a 18.6% decline from 2021.

Price/book ratio can be defined as