• Group 1 Automotive average price/book ratio for 2024 was 1.6, a 11.89% increase from 2023.
• Group 1 Automotive average price/book ratio for 2023 was 1.43, a 18.18% increase from 2022.
• Group 1 Automotive average price/book ratio for 2022 was 1.21, a 29.24% increase from 2021.

Price/book ratio can be defined as