• Invesco average price/book ratio for 2023 was 0.44, a 4.35% increase from 2022.
• Invesco average price/book ratio for 2022 was 0.46, a 26.98% decline from 2021.
• Invesco average price/book ratio for 2021 was 0.63, a 90.91% decline from 2020.

Price/book ratio can be defined as