• Lear average price/book ratio for 2024 was 1.38, a 12.1% decline from 2023.
• Lear average price/book ratio for 2023 was 1.57, a 1.29% decline from 2022.
• Lear average price/book ratio for 2022 was 1.55, a 23.27% increase from 2021.

Price/book ratio can be defined as