• Qualys average price to free cash flow ratio for 2023 was 27.19, a 3.1% decline from 2022.
• Qualys average price to free cash flow ratio for 2022 was 28.06, a 5.09% decline from 2021.
• Qualys average price to free cash flow ratio for 2021 was 26.7, a 8.94% increase from 2020.

Price to free cash flow ratio can be defined as