• News average price to free cash flow ratio for 2023 was 19.42, a 34.39% increase from 2022.
• News average price to free cash flow ratio for 2022 was 14.45, a 7.67% increase from 2021.
• News average price to free cash flow ratio for 2021 was 15.65, a 1.88% decline from 2020.

Price to free cash flow ratio can be defined as