• Guidewire Software average price/book ratio for 2023 was 5.51, a 14.08% increase from 2022.
• Guidewire Software average price/book ratio for 2022 was 4.83, a 21.72% increase from 2021.
• Guidewire Software average price/book ratio for 2021 was 6.17, a 15.33% decline from 2020.

Price/book ratio can be defined as