• Marathon Petroleum average price/book ratio for 2024 was 2.1, a 25% decline from 2023.
• 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.

Price/book ratio can be defined as