• Robert Half average price/book ratio for 2023 was 5.12, a 13.07% decline from 2022.
• Robert Half average price/book ratio for 2022 was 5.89, a 22.5% decline from 2021.
• Robert Half average price/book ratio for 2021 was 7.6, a 66.67% decline from 2020.

Price/book ratio can be defined as