• Norfolk Southern average price/book ratio for 2024 was 3.95, a 5.9% decline from 2023.
• Norfolk Southern average price/book ratio for 2023 was 3.73, a 7.44% increase from 2022.
• Norfolk Southern average price/book ratio for 2022 was 4.03, a 5.62% decline from 2021.

Price/book ratio can be defined as