• Simon Property average price/book ratio for 2024 was 15.16, a 40.76% increase from 2023.
• Simon Property average price/book ratio for 2023 was 10.77, a 23.65% increase from 2022.
• Simon Property average price/book ratio for 2022 was 8.71, a 10.94% increase from 2021.

Price/book ratio can be defined as