• Target average price to free cash flow ratio for 2023 was 48.5, a 39.53% decline from 2022.
• Target average price to free cash flow ratio for 2022 was 80.21, a 419.16% decline from 2021.
• Target average price to free cash flow ratio for 2021 was 15.45, a 50.44% increase from 2020.

Price to free cash flow ratio can be defined as