• Republic Services average price/book ratio for 2023 was 4.52, a 3.91% increase from 2022.
• Republic Services average price/book ratio for 2022 was 4.35, a 7.41% increase from 2021.
• Republic Services average price/book ratio for 2021 was 4.05, a 29.39% increase from 2020.

Price/book ratio can be defined as