• Plains All American Pipeline average price/book ratio for 2024 was 0.85, a 32.81% increase from 2023.
• Plains All American Pipeline average price/book ratio for 2023 was 0.64, a 36.17% increase from 2022.
• Plains All American Pipeline average price/book ratio for 2022 was 0.47, a 9.62% increase from 2021.

Price/book ratio can be defined as