• Stryker average price/book ratio for 2023 was 6.18, a 16.17% increase from 2022.
• Stryker average price/book ratio for 2022 was 5.32, a 20.6% increase from 2021.
• Stryker average price/book ratio for 2021 was 6.7, a 20.94% decline from 2020.

Price/book ratio can be defined as