My sister plays the piano better than I do.

Literal

Younger-sister [possessive-の] direction [subject-が] me [than-より] [even-も] skillfully piano [object-を] can-play.

~の方が~より ('X is more Y than Z') is the core comparative pattern — 方 ('direction/side') marks the one being compared favorably. よりも adds も for extra emphasis beyond plain より.