• Universal Health Services average price/book ratio for 2024 was 1.95, a 24.2% decline from 2023.
• Universal Health Services average price/book ratio for 2023 was 1.57, a 9.79% increase from 2022.
• Universal Health Services average price/book ratio for 2022 was 1.43, a 15.88% increase from 2021.

Price/book ratio can be defined as