• Chevron average price to free cash flow ratio for 2023 was 11.88, a 32.59% increase from 2022.
• Chevron average price to free cash flow ratio for 2022 was 8.96, a 67.08% increase from 2021.
• Chevron average price to free cash flow ratio for 2021 was 27.22, a 29.65% decline from 2020.

Price to free cash flow ratio can be defined as