• ITT average price/book ratio for 2024 was 4.25, a 27.25% decline from 2023.
• ITT average price/book ratio for 2023 was 3.34, a 20.58% increase from 2022.
• ITT average price/book ratio for 2022 was 2.77, a 22.19% increase from 2021.

Price/book ratio can be defined as