• SLM average price/book ratio for 2024 was 2.15, a 16.22% increase from 2023.
• SLM average price/book ratio for 2023 was 1.85, a 7.96% increase from 2022.
• SLM average price/book ratio for 2022 was 2.01, a 12.99% decline from 2021.

Price/book ratio can be defined as