• RTX average price/book ratio for 2024 was 2.3, a 34.5% increase from 2023.
• RTX average price/book ratio for 2023 was 1.71, a 3.93% increase from 2022.
• RTX average price/book ratio for 2022 was 1.78, a 13.38% decline from 2021.

Price/book ratio can be defined as