• Southwest Gas average price/book ratio for 2024 was 1.42, a 11.81% decline from 2023.
• Southwest Gas average price/book ratio for 2023 was 1.27, a 4.51% increase from 2022.
• Southwest Gas average price/book ratio for 2022 was 1.33, a 9.02% decline from 2021.

Price/book ratio can be defined as