• STMicroelectronics average price to free cash flow ratio for 2023 was 27.01, a 4.21% increase from 2022.
• STMicroelectronics average price to free cash flow ratio for 2022 was 25.92, a 20.76% increase from 2021.
• STMicroelectronics average price to free cash flow ratio for 2021 was 32.71, a 45.12% decline from 2020.

Price to free cash flow ratio can be defined as