• Hubbell Inc average price/book ratio for 2024 was 6.91, a 16.92% increase from 2023.
• Hubbell Inc average price/book ratio for 2023 was 5.91, a 29.04% increase from 2022.
• Hubbell Inc average price/book ratio for 2022 was 4.58, a 1.78% increase from 2021.

Price/book ratio can be defined as