• Johnson & Johnson average price/book ratio for 2024 was 5.09, a 2.86% increase from 2023.
• Johnson & Johnson average price/book ratio for 2023 was 5.24, a 5.92% decline from 2022.
• Johnson & Johnson average price/book ratio for 2022 was 5.57, a 0.89% decline from 2021.

Price/book ratio can be defined as