• Intel average price/book ratio for 2023 was 1.48, a 11.28% decline from 2022.
• Intel average price/book ratio for 2022 was 1.33, a 44.81% increase from 2021.
• Intel average price/book ratio for 2021 was 2.41, a 5.86% decline from 2020.

Price/book ratio can be defined as