• Synopsys average price/book ratio for 2024 was 10.87, a 2.64% decline from 2023.
• Synopsys average price/book ratio for 2023 was 10.59, a 21.72% increase from 2022.
• Synopsys average price/book ratio for 2022 was 8.7, a 3.82% increase from 2021.

Price/book ratio can be defined as