• Novartis AG average price/book ratio for 2024 was 4.94, a 16.51% decline from 2023.
• Novartis AG average price/book ratio for 2023 was 4.24, a 53.07% increase from 2022.
• Novartis AG average price/book ratio for 2022 was 2.77, a 8.58% increase from 2021.

Price/book ratio can be defined as