• Sterling Infrastructure average price/book ratio for 2024 was 5.58, a 62.21% increase from 2023.
• Sterling Infrastructure average price/book ratio for 2023 was 3.44, a 86.96% increase from 2022.
• Sterling Infrastructure average price/book ratio for 2022 was 1.84, a 17.49% increase from 2021.

Price/book ratio can be defined as