• Saia average price/book ratio for 2023 was 5.32, a 38.18% increase from 2022.
• Saia average price/book ratio for 2022 was 3.85, a 35.94% increase from 2021.
• Saia average price/book ratio for 2021 was 6.01, a 70.25% decline from 2020.

Price/book ratio can be defined as