• Vulcan Materials average price/book ratio for 2023 was 3.71, a 17.41% increase from 2022.
• Vulcan Materials average price/book ratio for 2022 was 3.16, a 13.42% increase from 2021.
• Vulcan Materials average price/book ratio for 2021 was 3.65, a 31.29% decline from 2020.

Price/book ratio can be defined as