• LKQ average price/book ratio for 2023 was 2.32, a 0.87% decline from 2022.
• LKQ average price/book ratio for 2022 was 2.3, a 3.36% increase from 2021.
• LKQ average price/book ratio for 2021 was 2.38, a 63.01% decline from 2020.

Price/book ratio can be defined as