• Ventas average price/book ratio for 2023 was 1.8, a 2.86% increase from 2022.
• Ventas average price/book ratio for 2022 was 1.75, a 2.23% increase from 2021.
• Ventas average price/book ratio for 2021 was 1.79, a 47.93% decline from 2020.

Price/book ratio can be defined as