• Marathon Oil average price/book ratio for 2023 was 1.28, a 7.91% increase from 2022.
• Marathon Oil average price/book ratio for 2022 was 1.39, a 47.87% 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