• V.F average price/book ratio for 2024 was 4.26, a 42.95% increase from 2023.
• V.F average price/book ratio for 2023 was 2.98, a 28.54% increase from 2022.
• V.F average price/book ratio for 2022 was 4.17, a 45.98% decline from 2021.

Price/book ratio can be defined as