P/E ratio for Steris (STE)

P/E ratio history for Steris from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Hill-Rom HRC	N/A	N/A	🇺🇸 USA
Stryker Corporation SYK	56.5	-67.57%	🇺🇸 USA
Thermo Fisher Scientific TMO	33.5	-80.80%	🇺🇸 USA
Owens & Minor OMI	-9.57	-105.49%	🇺🇸 USA
CONMED CNMD	39.4	-77.38%	🇺🇸 USA
3M MMM	-9.63	-105.52%	🇺🇸 USA
Ecolab ECL	56.7	-67.49%	🇺🇸 USA
Kimberly-Clark KMB	26.5	-84.78%	🇺🇸 USA
Johnson & Johnson JNJ	11.0	-93.68%	🇺🇸 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.