• Parsons average price/book ratio for 2024 was 4.03, a 63.16% decline from 2023.
• Parsons average price/book ratio for 2023 was 2.47, a 15.42% increase from 2022.
• Parsons average price/book ratio for 2022 was 2.14, a 5.42% increase from 2021.

Price/book ratio can be defined as