• Lear average price/book ratio for 2024 was 1.3, a 16.13% decline from 2023.
• Lear average price/book ratio for 2023 was 1.55, a 1.31% decline from 2022.
• Lear average price/book ratio for 2022 was 1.53, a 23.5% increase from 2021.

Price/book ratio can be defined as