• Linde average price/book ratio for 2023 was 4.51, a 25.63% increase from 2022.
• Linde average price/book ratio for 2022 was 3.59, a 9.12% increase from 2021.
• Linde average price/book ratio for 2021 was 3.29, a 41.2% increase from 2020.

Price/book ratio can be defined as