• Plains All American Pipeline average price/book ratio for 2024 was 0.87, a 31.82% increase from 2023.
• Plains All American Pipeline average price/book ratio for 2023 was 0.66, a 37.5% increase from 2022.
• Plains All American Pipeline average price/book ratio for 2022 was 0.48, a 9.43% increase from 2021.

Price/book ratio can be defined as