• Hubbell Inc average price/book ratio for 2024 was 7, a 17.25% increase from 2023.
• Hubbell Inc average price/book ratio for 2023 was 5.97, a 28.94% increase from 2022.
• Hubbell Inc average price/book ratio for 2022 was 4.63, a 1.98% increase from 2021.

Price/book ratio can be defined as