• Ross Stores average price/book ratio for 2023 was 8.66, a 11.74% increase from 2022.
• Ross Stores average price/book ratio for 2022 was 7.75, a 30.05% increase from 2021.
• Ross Stores average price/book ratio for 2021 was 11.08, a 3.65% decline from 2020.

Price/book ratio can be defined as