• LKQ average price/book ratio for 2023 was 2.31, a 0.87% decline from 2022.
• LKQ average price/book ratio for 2022 was 2.29, a 2.97% increase from 2021.
• LKQ average price/book ratio for 2021 was 2.36, a 62.76% decline from 2020.

Price/book ratio can be defined as