• AT&T average price/book ratio for 2023 was 0.97, a 15.48% increase from 2022.
• AT&T average price/book ratio for 2022 was 0.84, a 25.37% increase from 2021.
• AT&T average price/book ratio for 2021 was 0.67, a 6.35% increase from 2020.

Price/book ratio can be defined as