• Walgreens average price/book ratio for 2024 was 0.84, a 12% decline from 2023.
• Walgreens average price/book ratio for 2023 was 0.75, a 29.25% increase from 2022.
• Walgreens average price/book ratio for 2022 was 1.06, a 25.87% decline from 2021.

Price/book ratio can be defined as