Steris
STE
#934
Rank
A$32.81 B
Marketcap
$332.47
Share price
1.71%
Change (1 day)
6.10%
Change (1 year)

P/E ratio for Steris (STE)

P/E ratio as of November 2024 (TTM): 178

According to Steris's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 178.203. 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%
202183.4123.42%
202037.313.83%
201932.8-2.14%
201833.59.9%
201730.5-25.83%
201641.1-17.64%
201549.971.57%
201429.135.57%
201321.572.32%
201212.4-7.33%
201113.4-73.84%
201051.4296.57%
200912.9-0.81%
200813.1-42.97%
200722.9-15.43%
200627.136.3%
200519.99.67%
200418.14.15%
200317.4-26.16%
200223.5-80.67%
2001122

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
55.2-69.02%๐Ÿ‡บ๐Ÿ‡ธ USA
36.0-79.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.0-105.61%๐Ÿ‡บ๐Ÿ‡ธ USA
38.6-78.31%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.1-105.65%๐Ÿ‡บ๐Ÿ‡ธ USA
57.7-67.60%๐Ÿ‡บ๐Ÿ‡ธ USA
25.6-85.64%๐Ÿ‡บ๐Ÿ‡ธ USA
11.0-93.81%๐Ÿ‡บ๐Ÿ‡ธ 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.