• Kimco Realty average price/book ratio for 2023 was 1.25, a 3.1% increase from 2022.
• Kimco Realty average price/book ratio for 2022 was 1.29, a 5.84% decline from 2021.
• Kimco Realty average price/book ratio for 2021 was 1.37, a 53.93% decline from 2020.

Price/book ratio can be defined as