• Fifth Third Bancorp average price/book ratio for 2023 was 1.02, a 15.7% increase from 2022.
• Fifth Third Bancorp average price/book ratio for 2022 was 1.21, a 10% decline from 2021.
• Fifth Third Bancorp average price/book ratio for 2021 was 1.1, a 96.43% increase from 2020.

Price/book ratio can be defined as