• UGI average price/book ratio for 2024 was 1.09, a 4.39% increase from 2023.
• UGI average price/book ratio for 2023 was 1.14, a 0% decline from 2022.
• UGI average price/book ratio for 2022 was 1.14, a 24% decline from 2021.

Price/book ratio can be defined as