• Parsons average price/book ratio for 2024 was 4.08, a 65.85% decline from 2023.
• Parsons average price/book ratio for 2023 was 2.46, a 14.95% 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