As at Jul 26, 2024, the STE stock has a PE ratio of 60.78. This is based on the current EPS of $3.83 and the stock price of $232.79 per share. A decrease of 25% has been seen in the P/E ratio compared to the average of 80.7 of the last 4 quarters.
The mean historical PE ratio of STERIS over the last nine years is 53.55. The current 60.78 PE ratio is 14% 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.
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 |
Currently, STE's PE ratio is below the 3 and 5-year averages.
STE's PE ratio is higher than its peer stocks JNJ and TMO. STERIS's current PE ratio of 60.78 is above the average of its peers, which is 29.86.
Stock name | PE ratio | Market cap |
---|---|---|
JNJ Johnson & Johnson | 10.55 | $386.7B |
KMB Kimberly Clark Corp | 20.92 | $47.76B |
CNMD CONMED Corp | 26.39 | $2.19B |
SYK Stryker Corp | 37.48 | $126.35B |
TMO Thermo Fisher Scientific Inc | 38.79 | $231.76B |
ECL Ecolab Inc | 45 | $70.03B |
STE STERIS plc | 60.78 | $23.02B |
OMI Owens & Minor Inc | N/A | $1.16B |
MMM 3M Co | N/A | $70.37B |
STE's price to earnings ratio is 60.78 as of Jul 26, 2024.
The 3-year average PE ratio for STE stock is 89.86.
The 5-year average PE ratio for STE stock is 65.5.
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 14% above 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 (Jul 26, 2024), STERIS's stock price is $232.79. 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 60.78. PE RATIO(60.78) = STOCK PRICE($232.79) / TTM EPS($3.83)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.