• New Fortress Energy LLC average price/book ratio for 2023 was 4.08, a 11.69% decline from 2022.
• New Fortress Energy LLC average price/book ratio for 2022 was 4.62, a 49.4% decline from 2021.
• New Fortress Energy LLC average price/book ratio for 2021 was 9.13, a 68.88% decline from 2020.

Price/book ratio can be defined as