• Ventas average price/book ratio for 2023 was 1.79, a 2.87% increase from 2022.
• Ventas average price/book ratio for 2022 was 1.74, a 2.25% increase from 2021.
• Ventas average price/book ratio for 2021 was 1.78, a 48.33% decline from 2020.

Price/book ratio can be defined as