• Marathon Oil average price/book ratio for 2023 was 1.27, a 7.97% increase from 2022.
• Marathon Oil average price/book ratio for 2022 was 1.38, a 46.81% decline from 2021.
• Marathon Oil average price/book ratio for 2021 was 0.94, a 176.47% increase from 2020.

Price/book ratio can be defined as