• Honda average price/book ratio for 2024 was 0.62, a 24% decline from 2023.
• Honda average price/book ratio for 2023 was 0.5, a 6.38% increase from 2022.
• Honda average price/book ratio for 2022 was 0.47, a 11.32% increase from 2021.

Price/book ratio can be defined as