• Johnson & Johnson average price/book ratio for 2024 was 5.05, a 2.88% decline from 2023.
• Johnson & Johnson average price/book ratio for 2023 was 5.2, a 5.8% decline from 2022.
• Johnson & Johnson average price/book ratio for 2022 was 5.52, a 0.9% decline from 2021.

Price/book ratio can be defined as