• Kroger average price/book ratio for 2024 was 3.03, a 0.33% increase from 2023.
• Kroger average price/book ratio for 2023 was 3.02, a 2.37% increase from 2022.
• Kroger average price/book ratio for 2022 was 2.95, a 26.61% increase from 2021.

Price/book ratio can be defined as