• TJX average price/book ratio for 2023 was 14.33, a 8.73% increase from 2022.
• TJX average price/book ratio for 2022 was 13.18, a 6.81% increase from 2021.
• TJX average price/book ratio for 2021 was 12.34, a 8.06% increase from 2020.

Price/book ratio can be defined as