• Stantec average price/book ratio for 2024 was 4.39, a 8.93% increase from 2023.
• Stantec average price/book ratio for 2023 was 4.03, a 31.27% increase from 2022.
• Stantec average price/book ratio for 2022 was 3.07, a 5.54% increase from 2021.

Price/book ratio can be defined as