• Truist Financial average price/book ratio for 2023 was 0.65, a 26.97% increase from 2022.
• Truist Financial average price/book ratio for 2022 was 0.89, a 6.32% decline from 2021.
• Truist Financial average price/book ratio for 2021 was 0.95, a 53.23% decline from 2020.

Price/book ratio can be defined as