• STMicroelectronics average price/book ratio for 2024 was 1.76, a 39.31% decline from 2023.
• STMicroelectronics average price/book ratio for 2023 was 2.9, a 0% decline from 2022.
• STMicroelectronics average price/book ratio for 2022 was 2.9, a 30.46% decline from 2021.

Price/book ratio can be defined as