• Walmart average price/book ratio for 2024 was 5.8, a 19.1% increase from 2023.
• Walmart average price/book ratio for 2023 was 4.87, a 11.95% increase from 2022.
• Walmart average price/book ratio for 2022 was 4.35, a 0.46% increase from 2021.

Price/book ratio can be defined as