• Repligen average price to free cash flow ratio for 2023 was 105, a 45.71% decline from 2022.
• Repligen average price to free cash flow ratio for 2022 was 193.4, a 44.81% decline from 2021.
• Repligen average price to free cash flow ratio for 2021 was 350.42, a 95.68% decline from 2020.

Price to free cash flow ratio can be defined as