• Alphabet average price/book ratio for 2024 was 6.85, a 20.18% decline from 2023.
• Alphabet average price/book ratio for 2023 was 5.7, a 3.45% increase from 2022.
• Alphabet average price/book ratio for 2022 was 5.51, a 20.38% increase from 2021.

Price/book ratio can be defined as