• ITT average price/book ratio for 2024 was 4.23, a 27.41% increase from 2023.
• ITT average price/book ratio for 2023 was 3.32, a 20.29% increase from 2022.
• ITT average price/book ratio for 2022 was 2.76, a 22.03% increase from 2021.

Price/book ratio can be defined as