• Nova average price/book ratio for 2024 was 6.22, a 17.14% increase from 2023.
• Nova average price/book ratio for 2023 was 5.31, a 33.08% increase from 2022.
• Nova average price/book ratio for 2022 was 3.99, a 54.86% increase from 2021.

Price/book ratio can be defined as