• ONEOK average price/book ratio for 2023 was 2.92, a 23.96% increase from 2022.
• ONEOK average price/book ratio for 2022 was 3.84, a 11.3% decline from 2021.
• ONEOK average price/book ratio for 2021 was 3.45, a 110.37% increase from 2020.

Price/book ratio can be defined as