STE STERIS PE ratio, current and historical analysis
As at Feb 4, 2025, the STE stock has a PE ratio of 49.86. This is based on the current EPS of $4.4 and the stock price of $219.4 per share. A decrease of 3.4% has been seen in the P/E ratio compared to the average of 51.6 of the last 4 quarters.
STE PE ratio history
The mean historical PE ratio of STERIS over the last ten years is 53.62. The current 49.86 PE ratio is 7% 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 |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 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 |
| Sep 2021 | 72.44 | 17.98% | $204.28 | $2.82 |
| Jun 2021 | 61.4 | 50.2% | $206.3 | $3.36 |
| Mar 2021 | 40.88 | 9.77% | $190.48 | $4.66 |
STE average PE ratio chart
Currently, STE's PE ratio is below the 3 and 5-year averages.
STE PE vs peers
STE's PE ratio is higher than its peer stocks JNJ and TMO. STERIS's current PE ratio of 49.86 is above the average of its peers, which is 27.26.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KMB Kimberly Clark Corp | 16.66 | $43B |
| CNMD CONMED Corp | 17.22 | $2.28B |
| MMM 3M Co | 19.31 | $83.48B |
| JNJ Johnson & Johnson | 25.48 | $369.98B |
| ECL Ecolab Inc | 34.73 | $70.72B |
| TMO Thermo Fisher Scientific Inc | 36.19 | $221.32B |
| SYK Stryker Corp | 42.17 | $151.58B |
| STE STERIS plc | 49.95 | $21.69B |
| OMI Owens & Minor Inc | N/A | $688.58M |
Frequently asked questions
What is STERIS's PE ratio?
STE's price to earnings ratio is 49.86 as of Feb 4, 2025.
What is the 3-year average PE ratio for STERIS (STE)?
The 3-year average PE ratio for STE stock is 84.7.
What is the 5-year average PE ratio for STERIS (STE)?
The 5-year average PE ratio for STE stock is 67.86.
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 7% 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 (Feb 4, 2025), STERIS's stock price is $219.4. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.4. Therefore, STERIS's P/E ratio for today is 49.86. PE RATIO(49.86) = STOCK PRICE($219.4) / TTM EPS($4.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.