• Intuit average price/book ratio for 2023 was 7.69, a 3.39% increase from 2022.
• Intuit average price/book ratio for 2022 was 7.96, a 40.6% decline from 2021.
• Intuit average price/book ratio for 2021 was 13.4, a 16.41% decline from 2020.

Price/book ratio can be defined as