• Verizon average price/book ratio for 2023 was 1.46, a 19.78% increase from 2022.
• Verizon average price/book ratio for 2022 was 1.82, a 24.48% decline from 2021.
• Verizon average price/book ratio for 2021 was 2.41, a 13.93% decline from 2020.

Price/book ratio can be defined as