• Marathon Petroleum average price/book ratio for 2023 was 1.68, a 22.63% increase from 2022.
• Marathon Petroleum average price/book ratio for 2022 was 1.37, a 30.48% increase from 2021.
• Marathon Petroleum average price/book ratio for 2021 was 1.05, a 66.67% increase from 2020.

Price/book ratio can be defined as