• AT&T average price/book ratio for 2023 was 0.96, a 17.07% increase from 2022.
• AT&T average price/book ratio for 2022 was 0.82, a 24.24% increase from 2021.
• AT&T average price/book ratio for 2021 was 0.66, a 6.45% increase from 2020.

Price/book ratio can be defined as