• Welltower average price/book ratio for 2024 was 2.26, a 26.97% increase from 2023.
• Welltower average price/book ratio for 2023 was 1.78, a 4.09% increase from 2022.
• Welltower average price/book ratio for 2022 was 1.71, a 5% increase from 2021.

Price/book ratio can be defined as