• AT&T average price/book ratio for 2024 was 1.19, a 26.6% increase from 2023.
• AT&T average price/book ratio for 2023 was 0.94, a 17.5% increase from 2022.
• AT&T average price/book ratio for 2022 was 0.8, a 25% increase from 2021.

Price/book ratio can be defined as