• Verizon average price/book ratio for 2024 was 1.71, a 21.28% increase from 2023.
• Verizon average price/book ratio for 2023 was 1.41, a 19.89% increase from 2022.
• Verizon average price/book ratio for 2022 was 1.76, a 24.46% decline from 2021.

Price/book ratio can be defined as