• Teradyne average price to free cash flow ratio for 2023 was 42.27, a 67.27% increase from 2022.
• Teradyne average price to free cash flow ratio for 2022 was 25.27, a 16.88% increase from 2021.
• Teradyne average price to free cash flow ratio for 2021 was 30.4, a 17.6% decline from 2020.

Price to free cash flow ratio can be defined as