• Dr Reddy's Laboratories average price/book ratio for 2023 was 3.5, a 1.74% increase from 2022.
• Dr Reddy's Laboratories average price/book ratio for 2022 was 3.44, a 21.82% increase from 2021.
• Dr Reddy's Laboratories average price/book ratio for 2021 was 4.4, a 3.04% decline from 2020.

Price/book ratio can be defined as