• Mattel average price/book ratio for 2023 was 3.44, a 13.35% decline from 2022.
• Mattel average price/book ratio for 2022 was 3.97, a 57.36% decline from 2021.
• Mattel average price/book ratio for 2021 was 9.31, a 47.28% decline from 2020.

Price/book ratio can be defined as