• Ericsson average price to free cash flow ratio for 2023 was 40.55, a 475.99% decline from 2022.
• Ericsson average price to free cash flow ratio for 2022 was 7.04, a 38.14% increase from 2021.
• Ericsson average price to free cash flow ratio for 2021 was 11.38, a 46.5% decline from 2020.

Price to free cash flow ratio can be defined as