• Kroger average price/book ratio for 2024 was 3.05, a 0.33% increase from 2023.
• Kroger average price/book ratio for 2023 was 3.04, a 10.32% increase from 2022.
• Kroger average price/book ratio for 2022 was 3.39, a 21.51% decline from 2021.

Price/book ratio can be defined as