• Travelers average price to free cash flow ratio for 2023 was 5.96, a 0.68% increase from 2022.
• Travelers average price to free cash flow ratio for 2022 was 5.92, a 17.46% increase from 2021.
• Travelers average price to free cash flow ratio for 2021 was 5.04, a 8.62% increase from 2020.

Price to free cash flow ratio can be defined as