• Home Depot average price/book ratio for 2023 was 362.69, a 0.43% decline from 2022.
• Home Depot average price/book ratio for 2022 was 364.27, a 89.24% decline from 2021.
• Home Depot average price/book ratio for 2021 was 192.49, a 350.8% increase from 2020.

Price/book ratio can be defined as