• Valmont Industries average price/book ratio for 2023 was 3.61, a 0.84% increase from 2022.
• Valmont Industries average price/book ratio for 2022 was 3.58, a 3.76% increase from 2021.
• Valmont Industries average price/book ratio for 2021 was 3.72, a 63.88% decline from 2020.

Price/book ratio can be defined as