• Marathon Petroleum average price/book ratio for 2023 was 1.69, a 22.46% increase from 2022.
• Marathon Petroleum average price/book ratio for 2022 was 1.38, a 31.43% 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