• Wipro average price/book ratio for 2023 was 2.91, a 15.9% increase from 2022.
• Wipro average price/book ratio for 2022 was 3.46, a 36.28% decline from 2021.
• Wipro average price/book ratio for 2021 was 5.43, a 76.3% decline from 2020.

Price/book ratio can be defined as