• Canon average price to free cash flow ratio for 2023 was 20.57, a 9.7% increase from 2022.
• Canon average price to free cash flow ratio for 2022 was 22.78, a 157.4% decline from 2021.
• Canon average price to free cash flow ratio for 2021 was 8.85, a 23.04% increase from 2020.

Price to free cash flow ratio can be defined as