• RPM average price/book ratio for 2024 was 6.03, a 14.2% decline from 2023.
• RPM average price/book ratio for 2023 was 5.28, a 8.65% increase from 2022.
• RPM average price/book ratio for 2022 was 5.78, a 5.56% decline from 2021.

Price/book ratio can be defined as