STE STERIS PE ratio, current and historical analysis
- Stocks
- Healthcare
- NYSE: STE
- PE Ratio
As at Nov 5, 2025, the STE stock has a PE ratio of 37.01. This is based on the current EPS of $6.57 and the stock price of $243.18 per share. A decrease of 14% has been seen in the P/E ratio compared to the average of 42.8 of the last 4 quarters.
STE PE ratio history
The mean historical PE ratio of STERIS over the last ten years is 52.41. The current 37.01 PE ratio is 29% below the historical average. Over the past ten years, STE's PE ratio was at its highest in the Jun 2023 quarter at 185.93, with a price of $224.98 and an EPS of $1.21. The Mar 2018 quarter recorded the bottom point at 27.3, with a price of $93.36 and an EPS of $3.42.
STERIS PE ratio by year
Maximum annual increase: 136.57% in 2022
Maximum annual decrease: -67.16% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 36.32 | -38.13% | $226.65 | $6.24 |
| 2024 | 58.7 | -67.16% | $224.82 | $3.83 |
| 2023 | 178.77 | 84.85% | $191.28 | $1.07 |
| 2022 | 96.71 | 136.57% | $241.77 | $2.5 |
| 2021 | 40.88 | 40.48% | $190.48 | $4.66 |
| 2020 | 29.1 | -18.4% | $139.97 | $4.81 |
| 2019 | 35.66 | 30.62% | $128.03 | $3.59 |
| 2018 | 27.3 | -49.29% | $93.36 | $3.42 |
| 2017 | 53.84 | 18.98% | $69.46 | $1.29 |
| 2016 | 45.25 | N/A | $71.05 | $1.57 |
| 2015 | N/A | N/A | N/A | $2.27 |
| 2014 | N/A | N/A | N/A | $2.2 |
| 2013 | N/A | N/A | N/A | $79.5 |
| 2012 | N/A | N/A | N/A | $66.77 |
STERIS PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2025 | 36.56 | 0.66% | $240.22 | $6.57 |
| Mar 2025 | 36.32 | -16.26% | $226.65 | $6.24 |
| Dec 2024 | 43.37 | -21.32% | $205.56 | $4.74 |
| Sep 2024 | 55.12 | 1.68% | $242.54 | $4.4 |
| Jun 2024 | 54.21 | -7.65% | $219.54 | $4.05 |
| Mar 2024 | 58.7 | 52.47% | $224.82 | $3.83 |
| Dec 2023 | 38.5 | -2.97% | $219.85 | $5.71 |
| Sep 2023 | 39.68 | -78.66% | $219.42 | $5.53 |
| Jun 2023 | 185.93 | 4.01% | $224.98 | $1.21 |
| Mar 2023 | 178.77 | N/A | $191.28 | $1.07 |
| Dec 2022 | N/A | N/A | $184.69 | -$0.28 |
| Sep 2022 | N/A | N/A | $166.28 | -$0.08 |
| Jun 2022 | 54.68 | -43.46% | $206.15 | $3.77 |
| Mar 2022 | 96.71 | 16.01% | $241.77 | $2.5 |
| Dec 2021 | 83.36 | 15.07% | $243.41 | $2.92 |
STE Price vs fair value
STE average PE ratio chart
Currently, STE's PE ratio is below the 3, 5 and 10-year averages.
PE comparison
With a P/E of 37.01, STE is above the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 25.01, STERIS's P/E is 48% higher.
STE PE vs peers
STE's PE ratio is lower than its peer stock SYK, but it is greater than JNJ's and TMO's. STERIS's current PE ratio of 37.01 is above the average of its peers, which is 27.04.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CNMD CONMED Corp | 12.48 | $1.38B |
| KMB Kimberly Clark Corp | 16.87 | $33.2B |
| JNJ Johnson & Johnson | 17.83 | $448.13B |
| MMM 3M Co | 26.04 | $87.29B |
| TMO Thermo Fisher Scientific Inc | 32.74 | $213.27B |
| ECL Ecolab Inc | 36.99 | $73.34B |
| STE STERIS plc | 37.01 | $23.95B |
| SYK Stryker Corp | 46.33 | $136.78B |
| OMI Owens & Minor Inc | N/A | $259.11M |
Frequently asked questions
What is STERIS's PE ratio?
STE's price to earnings ratio is 37.01 as of Nov 5, 2025.
What is the 3-year average PE ratio for STERIS (STE)?
The 3-year average PE ratio for STE stock is 72.72.
What is the 5-year average PE ratio for STERIS (STE)?
The 5-year average PE ratio for STE stock is 69.05.
What is the highest PE ratio for STE?
In the last ten years, the Jun 2023 quarter recorded the highest quarterly PE ratio at 185.93.
How does the current PE ratio for STE compare to its historical average?
STE's current price to earnings ratio is 29% below its 10-year historical average.
How is STE's PE ratio calculated (STERIS PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 5, 2025), STERIS's stock price is $243.18. The earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $6.57. Therefore, STERIS's P/E ratio for today is 37.01. PE RATIO(37.01) = STOCK PRICE($243.18) / TTM EPS($6.57)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.