As at Apr 24, 2024, the STE stock has a PE ratio of 35.52. This is based on the current EPS of $5.71 and the stock price of $202.8 per share. A decrease of 68% has been seen in the P/E ratio compared to the average of 110.7 of the last 4 quarters.
The mean historical PE ratio of STERIS over the last nine years is 53.39. The current 35.52 PE ratio is 33% below 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.
Maximum annual increase: 136.57% in 2022
Maximum annual decrease: -49.29% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 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 |
| 2014 | N/A | N/A |
Currently, STE's PE ratio is below the 3 and 5-year averages.
STE's PE ratio is lower than its peer stocks TMO and SYK, but it is greater than JNJ's and KMB's. STERIS's current PE ratio of 35.52 is above the average of its peers, which is 32.1.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JNJ Johnson & Johnson | 10.7 | $357.77B |
| KMB Kimberly Clark Corp | 25.19 | $46.39B |
| CNMD CONMED Corp | 33.34 | $2.15B |
| STE STERIS plc | 35.52 | $20.04B |
| TMO Thermo Fisher Scientific Inc | 37.2 | $220.17B |
| SYK Stryker Corp | 40.39 | $128.09B |
| ECL Ecolab Inc | 45.8 | $63.04B |
| OMI Owens & Minor Inc | N/A | $1.9B |
| MMM 3M Co | N/A | $50.86B |
STE's price to earnings ratio is 35.52 as of Apr 24, 2024.
The 3-year average PE ratio for STE stock is 90.16.
The 5-year average PE ratio for STE stock is 64.37.
In the last nine years, the Jun 2023 quarter recorded the highest quarterly PE ratio at 185.93.
STE's current price to earnings ratio is 33% below its 9-year historical average.
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 (Apr 24, 2024), STERIS's stock price is $202.8. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $5.71. Therefore, STERIS's P/E ratio for today is 35.52. PE RATIO(35.52) = STOCK PRICE($202.8) / TTM EPS($5.71)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.