• Halliburton average price/book ratio for 2023 was 3.47, a 11.48% decline from 2022.
• Halliburton average price/book ratio for 2022 was 3.92, a 18.07% decline from 2021.
• Halliburton average price/book ratio for 2021 was 3.32, a 65.17% increase from 2020.

Price/book ratio can be defined as