• Natera average price/book ratio for 2023 was 8.87, a 7.26% increase from 2022.
• Natera average price/book ratio for 2022 was 8.27, a 61.05% increase from 2021.
• Natera average price/book ratio for 2021 was 21.23, a 65.6% decline from 2020.

Price/book ratio can be defined as