• WESCO average price/book ratio for 2023 was 1.71, a 16.33% decline from 2022.
• WESCO average price/book ratio for 2022 was 1.47, a 2.65% increase from 2021.
• WESCO average price/book ratio for 2021 was 1.51, a 112.68% decline from 2020.

Price/book ratio can be defined as