• Trex average price to free cash flow ratio for 2023 was 29.34, a 26.78% increase from 2022.
• Trex average price to free cash flow ratio for 2022 was 40.07, a 43.87% decline from 2021.
• Trex average price to free cash flow ratio for 2021 was 71.39, a 55.79% decline from 2020.

Price to free cash flow ratio can be defined as