• Quanta Services average price/book ratio for 2023 was 4.72, a 31.11% increase from 2022.
• Quanta Services average price/book ratio for 2022 was 3.6, a 18.42% increase from 2021.
• Quanta Services average price/book ratio for 2021 was 3.04, a 86.5% increase from 2020.

Price/book ratio can be defined as