• Summit Materials average price/book ratio for 2024 was 1.62, a 13.37% increase from 2023.
• Summit Materials average price/book ratio for 2023 was 1.87, a 13.33% decline from 2022.
• Summit Materials average price/book ratio for 2022 was 1.65, a 27.95% increase from 2021.

Price/book ratio can be defined as