• News average price to free cash flow ratio for 2023 was 18.89, a 33.03% increase from 2022.
• News average price to free cash flow ratio for 2022 was 14.2, a 12.07% increase from 2021.
• News average price to free cash flow ratio for 2021 was 16.15, a 1.25% decline from 2020.

Price to free cash flow ratio can be defined as