• QUALCOMM average price/book ratio for 2023 was 6.44, a 23.33% increase from 2022.
• QUALCOMM average price/book ratio for 2022 was 8.4, a 50.44% decline from 2021.
• QUALCOMM average price/book ratio for 2021 was 16.95, a 27.03% decline from 2020.

Price/book ratio can be defined as