• Ferrari average price/book ratio for 2024 was 21.5, a 21.68% decline from 2023.
• Ferrari average price/book ratio for 2023 was 17.67, a 24.26% increase from 2022.
• Ferrari average price/book ratio for 2022 was 14.22, a 15.81% increase from 2021.

Price/book ratio can be defined as