• Dropbox average price to free cash flow ratio for 2023 was 12.21, a 10% decline from 2022.
• Dropbox average price to free cash flow ratio for 2022 was 11.1, a 34.44% increase from 2021.
• Dropbox average price to free cash flow ratio for 2021 was 16.93, a 11.41% decline from 2020.

Price to free cash flow ratio can be defined as