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	53.3	-68.37%	🇺🇸 USA
Thermo Fisher Scientific TMO	34.1	-79.77%	🇺🇸 USA
Owens & Minor OMI	-9.74	-105.78%	🇺🇸 USA
CONMED CNMD	36.8	-78.16%	🇺🇸 USA
3M MMM	-9.72	-105.76%	🇺🇸 USA
Ecolab ECL	55.1	-67.35%	🇺🇸 USA
Kimberly-Clark KMB	25.2	-85.05%	🇺🇸 USA
Johnson & Johnson JNJ	10.3	-93.91%	🇺🇸 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.