• 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.
• Sterling Infrastructure average price/book ratio for 2021 was 2.23, a 50.68% decline from 2020.

Price/book ratio can be defined as