• Johnson & Johnson average price/book ratio for 2024 was 5.22, a 1.14% decline from 2023.
• Johnson & Johnson average price/book ratio for 2023 was 5.28, a 6.05% decline from 2022.
• Johnson & Johnson average price/book ratio for 2022 was 5.62, a 0.71% decline from 2021.

Price/book ratio can be defined as