• Nova average price to free cash flow ratio for 2023 was 33.67, a 11.53% increase from 2022.
• Nova average price to free cash flow ratio for 2022 was 30.19, a 9.58% increase from 2021.
• Nova average price to free cash flow ratio for 2021 was 33.39, a 15.89% decline from 2020.

Price to free cash flow ratio can be defined as