• Primerica average price/book ratio for 2023 was 3.26, a 25.38% increase from 2022.
• Primerica average price/book ratio for 2022 was 2.6, a 8.45% increase from 2021.
• Primerica average price/book ratio for 2021 was 2.84, a 13.15% decline from 2020.

Price/book ratio can be defined as