• IonQ average price/book ratio for 2024 was 9.03, a 91.72% increase from 2023.
• IonQ average price/book ratio for 2023 was 4.71, a 117.05% increase from 2022.
• IonQ average price/book ratio for 2022 was 2.17, a 60.76% increase from 2021.

Price/book ratio can be defined as