• Pure Storage average price/book ratio for 2023 was 9.52, a 14.39% increase from 2022.
• Pure Storage average price/book ratio for 2022 was 11.12, a 25.93% decline from 2021.
• Pure Storage average price/book ratio for 2021 was 8.83, a 53.3% increase from 2020.

Price/book ratio can be defined as