• Primerica average price/book ratio for 2023 was 3.25, a 25.48% increase from 2022.
• Primerica average price/book ratio for 2022 was 2.59, a 8.8% increase from 2021.
• Primerica average price/book ratio for 2021 was 2.84, a 13.6% decline from 2020.

Price/book ratio can be defined as