• Simpson Manufacturing average price/book ratio for 2023 was 3.89, a 28.38% increase from 2022.
• Simpson Manufacturing average price/book ratio for 2022 was 3.03, a 30.98% increase from 2021.
• Simpson Manufacturing average price/book ratio for 2021 was 4.39, a 15.22% decline from 2020.

Price/book ratio can be defined as