• Willis Towers Watson Public average price/book ratio for 2023 was 2.44, a 7.02% increase from 2022.
• Willis Towers Watson Public average price/book ratio for 2022 was 2.28, a 3.8% increase from 2021.
• Willis Towers Watson Public average price/book ratio for 2021 was 2.37, a 3.49% decline from 2020.

Price/book ratio can be defined as