• Moog average price/book ratio for 2023 was 2.27, a 27.53% increase from 2022.
• Moog average price/book ratio for 2022 was 1.78, a 5.32% increase from 2021.
• Moog average price/book ratio for 2021 was 1.88, a 19.75% decline from 2020.

Price/book ratio can be defined as