• Marriott average price/book ratio for 2023 was 88.93, a 100.61% decline from 2022.
• Marriott average price/book ratio for 2022 was 44.33, a 48.48% increase from 2021.
• Marriott average price/book ratio for 2021 was 86.05, a 52.87% decline from 2020.

Price/book ratio can be defined as