• Magna average price/book ratio for 2024 was 1.01, a 19.2% decline from 2023.
• Magna average price/book ratio for 2023 was 1.25, a 0.79% decline from 2022.
• Magna average price/book ratio for 2022 was 1.26, a 30% decline from 2021.

Price/book ratio can be defined as