• Moog average price/book ratio for 2023 was 2.23, a 26.7% increase from 2022.
• Moog average price/book ratio for 2022 was 1.76, a 3.3% increase from 2021.
• Moog average price/book ratio for 2021 was 1.82, a 15.19% decline from 2020.

Price/book ratio can be defined as