• JD average price to free cash flow ratio for 2023 was 11.07, a 33.47% decline from 2022.
• JD average price to free cash flow ratio for 2022 was 16.64, a 13.87% decline from 2021.
• JD average price to free cash flow ratio for 2021 was 19.32, a 4.64% decline from 2020.

Price to free cash flow ratio can be defined as