• Jack Henry & Associates average price/book ratio for 2024 was 6.75, a 2.74% decline from 2023.
• Jack Henry & Associates average price/book ratio for 2023 was 6.94, a 24.48% decline from 2022.
• Jack Henry & Associates average price/book ratio for 2022 was 9.19, a 6.37% decline from 2021.

Price/book ratio can be defined as