• Littelfuse average price/book ratio for 2023 was 2.77, a 3.36% decline from 2022.
• Littelfuse average price/book ratio for 2022 was 2.68, a 29.1% increase from 2021.
• Littelfuse average price/book ratio for 2021 was 3.78, a 33.57% decline from 2020.

Price/book ratio can be defined as