• CGI average price to free cash flow ratio for 2023 was 17.27, a 22.4% decline from 2022.
• CGI average price to free cash flow ratio for 2022 was 14.11, a 0.56% increase from 2021.
• CGI average price to free cash flow ratio for 2021 was 14.19, a 4.72% decline from 2020.

Price to free cash flow ratio can be defined as