• JPMorgan Chase average price/book ratio for 2023 was 1.31, a 11.97% increase from 2022.
• JPMorgan Chase average price/book ratio for 2022 was 1.17, a 20.95% increase from 2021.
• JPMorgan Chase average price/book ratio for 2021 was 1.48, a 45.1% decline from 2020.

Price/book ratio can be defined as