• Masimo average price/book ratio for 2024 was 5.16, a 6.69% increase from 2023.
• Masimo average price/book ratio for 2023 was 5.53, a 1.95% decline from 2022.
• Masimo average price/book ratio for 2022 was 5.64, a 43.2% decline from 2021.

Price/book ratio can be defined as