Morningstar Price/Book Ratio 2010-2025 | MORN
- Morningstar average price/book ratio for 2024 was 8.95, a 16.23% decline from 2023.
- Morningstar average price/book ratio for 2023 was 7.7, a 2.53% increase from 2022.
- Morningstar average price/book ratio for 2022 was 7.9, a 4.82% decline from 2021.
Price/book ratio can be defined as