• Nasdaq average price to free cash flow ratio for 2024 was 41.66, a 35.17% increase from 2023.
• Nasdaq average price to free cash flow ratio for 2023 was 30.82, a 8.75% increase from 2022.
• Nasdaq average price to free cash flow ratio for 2022 was 28.34, a 49.28% increase from 2021.

Price to free cash flow ratio can be defined as