• Olin average price/book ratio for 2023 was 2.67, a 5.95% decline from 2022.
• Olin average price/book ratio for 2022 was 2.52, a 23.17% increase from 2021.
• Olin average price/book ratio for 2021 was 3.28, a 150.38% decline from 2020.

Price/book ratio can be defined as