• Nucor average price/book ratio for 2023 was 1.88, a 8.67% decline from 2022.
• Nucor average price/book ratio for 2022 was 1.73, a 13.5% increase from 2021.
• Nucor average price/book ratio for 2021 was 2, a 75.44% decline from 2020.

Price/book ratio can be defined as