• Zoetis average price/book ratio for 2024 was 15.93, a 5.29% decline from 2023.
• Zoetis average price/book ratio for 2023 was 16.82, a 2.75% decline from 2022.
• Zoetis average price/book ratio for 2022 was 16.37, a 19.44% increase from 2021.

Price/book ratio can be defined as