• Masimo average price/book ratio for 2023 was 5.53, a 1.95% increase from 2022.
• Masimo average price/book ratio for 2022 was 5.64, a 43.2% decline from 2021.
• Masimo average price/book ratio for 2021 was 9.93, a 8.29% decline from 2020.

Price/book ratio can be defined as