• Genuine Parts average price/book ratio for 2024 was 4.36, a 14% decline from 2023.
• Genuine Parts average price/book ratio for 2023 was 5.07, a 3.61% decline from 2022.
• Genuine Parts average price/book ratio for 2022 was 5.26, a 5.2% decline from 2021.

Price/book ratio can be defined as