• Voya Financial average price/book ratio for 2024 was 1.24, a 6.06% decline from 2023.
• Voya Financial average price/book ratio for 2023 was 1.32, a 34.69% decline from 2022.
• Voya Financial average price/book ratio for 2022 was 0.98, a 38.03% increase from 2021.

Price/book ratio can be defined as