• RPM average price/book ratio for 2024 was 6.01, a 14.48% decline from 2023.
• RPM average price/book ratio for 2023 was 5.25, a 8.7% increase from 2022.
• RPM average price/book ratio for 2022 was 5.75, a 5.58% decline from 2021.

Price/book ratio can be defined as