• Service average price/book ratio for 2024 was 6.8, a 15.25% increase from 2023.
• Service average price/book ratio for 2023 was 5.9, a 5.17% increase from 2022.
• Service average price/book ratio for 2022 was 5.61, a 14.96% increase from 2021.

Price/book ratio can be defined as