• Philip Morris average price to free cash flow ratio for 2024 was 16.5, a 8.08% increase from 2023.
• Philip Morris average price to free cash flow ratio for 2023 was 17.95, a 52.12% decline from 2022.
• Philip Morris average price to free cash flow ratio for 2022 was 11.8, a 3.04% increase from 2021.

Price to free cash flow ratio can be defined as