P/E ratio for Steris (STE)
P/E ratio as of May 2024 (TTM): 189
According to Steris's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 189.179. At the end of 2022 the company had a P/E ratio of -660.
P/E ratio history for Steris from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -660 | -891.28% |
| 2021 | 83.4 | 123.42% |
| 2020 | 37.3 | 13.83% |
| 2019 | 32.8 | -2.14% |
| 2018 | 33.5 | 9.9% |
| 2017 | 30.5 | -25.83% |
| 2016 | 41.1 | -17.64% |
| 2015 | 49.9 | 71.57% |
| 2014 | 29.1 | 35.57% |
| 2013 | 21.5 | 72.32% |
| 2012 | 12.4 | -7.33% |
| 2011 | 13.4 | -73.84% |
| 2010 | 51.4 | 296.57% |
| 2009 | 12.9 | -0.81% |
| 2008 | 13.1 | -42.97% |
| 2007 | 22.9 | -15.43% |
| 2006 | 27.1 | 36.3% |
| 2005 | 19.9 | 9.67% |
| 2004 | 18.1 | 4.15% |
| 2003 | 17.4 | -26.16% |
| 2002 | 23.5 | -80.67% |
| 2001 | 122 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 11.0 | -94.20% | 🇺🇸 USA |
 Thermo Fisher Scientific TMO | 38.8 | -79.49% | 🇺🇸 USA |
 Kimberly-Clark KMB | 25.7 | -86.40% | 🇺🇸 USA |
 Stryker Corporation SYK | 49.1 | -74.02% | 🇺🇸 USA |
 3M MMM | -7.89 | -104.17% | 🇺🇸 USA |
 CONMED CNMD | 39.3 | -79.21% | 🇺🇸 USA |
 Owens & Minor
OMI | -14.4 | -107.63% | 🇺🇸 USA |
 Hill-Rom HRC | N/A | N/A | 🇺🇸 USA |
 Ecolab ECL | 54.0 | -71.48% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.