• Chevron average price to free cash flow ratio for 2023 was 11.76, a 32.58% increase from 2022.
• Chevron average price to free cash flow ratio for 2022 was 8.87, a 67.09% increase from 2021.
• Chevron average price to free cash flow ratio for 2021 was 26.95, a 29.63% decline from 2020.

Price to free cash flow ratio can be defined as