• UnitedHealth Group average price/book ratio for 2023 was 5.06, a 15.53% increase from 2022.
• UnitedHealth Group average price/book ratio for 2022 was 5.99, a 15.86% decline from 2021.
• UnitedHealth Group average price/book ratio for 2021 was 5.17, a 26.41% increase from 2020.

Price/book ratio can be defined as