• Tenet Healthcare average price/book ratio for 2023 was 2.53, a 11.54% increase from 2022.
• Tenet Healthcare average price/book ratio for 2022 was 2.86, a 43.37% decline from 2021.
• Tenet Healthcare average price/book ratio for 2021 was 5.05, a 30.49% decline from 2020.

Price/book ratio can be defined as