• STMicroelectronics average price/book ratio for 2024 was 1.94, a 33.56% decline from 2023.
• STMicroelectronics average price/book ratio for 2023 was 2.92, a 0% decline from 2022.
• STMicroelectronics average price/book ratio for 2022 was 2.92, a 30.64% decline from 2021.

Price/book ratio can be defined as