• Linde average price/book ratio for 2024 was 5.32, a 20.36% decline from 2023.
• Linde average price/book ratio for 2023 was 4.42, a 27.01% increase from 2022.
• Linde average price/book ratio for 2022 was 3.48, a 9.09% increase from 2021.

Price/book ratio can be defined as