• Mastercard average price/book ratio for 2024 was 58.86, a 3.63% increase from 2023.
• Mastercard average price/book ratio for 2023 was 61.08, a 28.4% decline from 2022.
• Mastercard average price/book ratio for 2022 was 47.57, a 6.87% increase from 2021.

Price/book ratio can be defined as