• NetApp average price/book ratio for 2023 was 15.21, a 16.38% increase from 2022.
• NetApp average price/book ratio for 2022 was 18.19, a 25.48% decline from 2021.
• NetApp average price/book ratio for 2021 was 24.41, a 22.92% decline from 2020.

Price/book ratio can be defined as