• RTX average price/book ratio for 2024 was 2.32, a 34.88% increase from 2023.
• RTX average price/book ratio for 2023 was 1.72, a 4.44% increase from 2022.
• RTX average price/book ratio for 2022 was 1.8, a 13.92% decline from 2021.

Price/book ratio can be defined as