• JPMorgan Chase average price/book ratio for 2023 was 1.32, a 12.82% increase from 2022.
• JPMorgan Chase average price/book ratio for 2022 was 1.17, a 21.48% increase from 2021.
• JPMorgan Chase average price/book ratio for 2021 was 1.49, a 44.66% decline from 2020.

Price/book ratio can be defined as