• Snap-On average price/book ratio for 2024 was 2.89, a 1.76% increase from 2023.
• Snap-On average price/book ratio for 2023 was 2.84, a 19.33% increase from 2022.
• Snap-On average price/book ratio for 2022 was 2.38, a 11.19% increase from 2021.

Price/book ratio can be defined as