• Mondelez average price/book ratio for 2023 was 3.32, a 12.16% increase from 2022.
• Mondelez average price/book ratio for 2022 was 2.96, a 2.42% increase from 2021.
• Mondelez average price/book ratio for 2021 was 2.89, a 8.65% increase from 2020.

Price/book ratio can be defined as