• Nordson average price/book ratio for 2024 was 5.09, a 0.78% decline from 2023.
• Nordson average price/book ratio for 2023 was 5.13, a 9.84% decline from 2022.
• Nordson average price/book ratio for 2022 was 5.69, a 6.26% decline from 2021.

Price/book ratio can be defined as