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STE STERIS PE ratio, current and historical analysis

As at Jun 12, 2024, the STE stock has a PE ratio of 58.97. This is based on the current EPS of $3.83 and the stock price of $225.84 per share. A decrease of 27% has been seen in the P/E ratio compared to the average of 80.7 of the last 4 quarters.

STE PE ratio history

How has STE's PE ratio performed in the past

The mean historical PE ratio of STERIS over the last nine years is 53.55. The current 58.97 PE ratio is 10% above the historical average. Over the past nine 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.

Average
53.55
Median
39.59
Minimum
27.3
Maximum
185.93

STERIS PE ratio by year

Maximum annual increase: 136.57% in 2022

Maximum annual decrease: -67.16% in 2024

Year PE ratio Change
2024 58.7 -67.16%
2023 178.77 84.85%
2022 96.71 136.57%
2021 40.88 40.48%
2020 29.1 -18.4%
2019 35.66 30.62%
2018 27.3 -49.29%
2017 53.84 18.98%
2016 45.25 N/A
2015 N/A N/A

STE average PE ratio chart

What is the average PE ratio of STE for the past years

Currently, STE's PE ratio is below the 3 and 5-year averages.

3-year avg
87.02
5-year avg
64.05
10-year avg
N/A
15-year avg
N/A

STE PE vs peers

What is STE's PE ratio compared to its peers

STE's PE ratio is higher than its peer stocks JNJ and TMO. STERIS's current PE ratio of 58.97 is above the average of its peers, which is 30.29.

Stock name PE ratio Market cap
JNJ Johnson & Johnson 9.53 $350.05B
KMB Kimberly Clark Corp 25.49 $46.95B
CNMD CONMED Corp 27.08 $2.24B
TMO Thermo Fisher Scientific Inc 36.59 $218.58B
SYK Stryker Corp 38.76 $130.67B
ECL Ecolab Inc 44.32 $68.97B
STE STERIS plc 57.72 $21.86B
OMI Owens & Minor Inc N/A $1.28B
MMM 3M Co N/A $56.19B

Frequently asked questions

What is STERIS's PE ratio?

STE's price to earnings ratio is 58.97 as of Jun 12, 2024.

What is the 3-year average PE ratio for STERIS (STE)?

The 3-year average PE ratio for STE stock is 87.02.

What is the 5-year average PE ratio for STERIS (STE)?

The 5-year average PE ratio for STE stock is 64.05.

What is the highest PE ratio for STE?

In the last nine 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 10% above its 9-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 (Jun 12, 2024), STERIS's stock price is $225.84. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.83. Therefore, STERIS's P/E ratio for today is 58.97. PE RATIO(58.97) = STOCK PRICE($225.84) / TTM EPS($3.83)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.