• Intercontinental Exchange average price/book ratio for 2023 was 2.59, a 3.6% increase from 2022.
• Intercontinental Exchange average price/book ratio for 2022 was 2.5, a 17.76% increase from 2021.
• Intercontinental Exchange average price/book ratio for 2021 was 3.04, a 8.57% decline from 2020.

Price/book ratio can be defined as