• Louisiana-Pacific average price/book ratio for 2023 was 3.06, a 8.9% increase from 2022.
• Louisiana-Pacific average price/book ratio for 2022 was 2.81, a 33.41% increase from 2021.
• Louisiana-Pacific average price/book ratio for 2021 was 4.22, a 64.2% decline from 2020.

Price/book ratio can be defined as