• Pfizer average price/book ratio for 2023 was 1.88, a 32.37% decline from 2022.
• Pfizer average price/book ratio for 2022 was 2.78, a 4.79% decline from 2021.
• Pfizer average price/book ratio for 2021 was 2.92, a 22.69% decline from 2020.

Price/book ratio can be defined as