• Broadcom average price/book ratio for 2023 was 13.09, a 37.36% decline from 2022.
• Broadcom average price/book ratio for 2022 was 9.53, a 27.24% increase from 2021.
• Broadcom average price/book ratio for 2021 was 7.49, a 60.73% increase from 2020.

Price/book ratio can be defined as