† Estimate

Date Value
Mar 1, 2024 4.77
Dec 31, 2023 4.44
Dec 31, 2022   3.75
Dec 31, 2021   4.73
Dec 31, 2020   4.05
Dec 31, 2019   3.53
Dec 31, 2018   2.94
Dec 31, 2017   3.23
Dec 31, 2016   2.91
Dec 31, 2015   2.76
Dec 31, 2014   2.83
Dec 31, 2013   2.58
Dec 31, 2012   2.14
Dec 31, 2011   2.05
Dec 31, 2010   2.17
Dec 31, 2009   2.17
Dec 31, 2008   2.00
Dec 31, 2007   2.77
Dec 31, 2006   2.81
Dec 31, 2005   2.76
Dec 31, 2004   2.92
Dec 31, 2003   3.03
Dec 31, 2002   2.73
Dec 31, 2001   3.39
Dec 31, 2000   4.05
Dec 31, 1999   5.05

S&P 500 price to book value ratio.

Current price to book ratio is estimated based on current market price and S&P 500 book value as of September, 2023 — the latest reported by S&P.

Source: Standard & Poor’s