• NIKE average price/book ratio for 2024 was 9.32, a 17.74% decline from 2023.
• NIKE average price/book ratio for 2023 was 11.33, a 1.65% decline from 2022.
• NIKE average price/book ratio for 2022 was 11.52, a 31.26% decline from 2021.

Price/book ratio can be defined as