• Nasdaq average price to free cash flow ratio for 2024 was 24.17, a 38.11% increase from 2023.
• Nasdaq average price to free cash flow ratio for 2023 was 17.5, a 9.28% increase from 2022.
• Nasdaq average price to free cash flow ratio for 2022 was 19.29, a 41.26% decline from 2021.

Price to free cash flow ratio can be defined as