• Teleflex average price/book ratio for 2024 was 2.36, a 8.17% decline from 2023.
• Teleflex average price/book ratio for 2023 was 2.57, a 17.89% decline from 2022.
• Teleflex average price/book ratio for 2022 was 3.13, a 36.51% decline from 2021.

Price/book ratio can be defined as