• U.S Bancorp average price/book ratio for 2024 was 1.17, a 21.88% decline from 2023.
• U.S Bancorp average price/book ratio for 2023 was 0.96, a 20% increase from 2022.
• U.S Bancorp average price/book ratio for 2022 was 1.2, a 9.77% decline from 2021.

Price/book ratio can be defined as