• Hexcel average price/book ratio for 2024 was 3.35, a 5.37% decline from 2023.
• Hexcel average price/book ratio for 2023 was 3.54, a 14.94% decline from 2022.
• Hexcel average price/book ratio for 2022 was 3.08, a 2.22% increase from 2021.

Price/book ratio can be defined as