• Thor Industries average price/book ratio for 2023 was 1.26, a 0.8% increase from 2022.
• Thor Industries average price/book ratio for 2022 was 1.25, a 43.44% increase from 2021.
• Thor Industries average price/book ratio for 2021 was 2.21, a 13.92% decline from 2020.

Price/book ratio can be defined as