• Walmart average price/book ratio for 2024 was 5.79, a 19.14% increase from 2023.
• Walmart average price/book ratio for 2023 was 4.86, a 11.98% increase from 2022.
• Walmart average price/book ratio for 2022 was 4.34, a 0.46% increase from 2021.

Price/book ratio can be defined as