Steris (STE) valuation
Steris P/E ratio history
Steris trades at 27.8 times its earnings over the last twelve months and 19.8 times the earnings analysts expect over the next twelve. At its last 10 fiscal year ends its P/E ranged from 27.5 (year to Mar 2018) to 178.8 (year to Mar 2023), with a median of 38.9.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Mar 31, 2026 | $221.13 | $7.93 | 27.9 | 20.3 |
| Mar 31, 2025 | $226.65 | $6.20 | 36.6 | 23.1 |
| Mar 31, 2024 | $224.82 | $3.82 | 58.9 | 24.1 |
| Mar 31, 2023 | $191.28 | $1.07 | 178.8 | 22.2 |
| Mar 31, 2022 | $241.77 | $2.39 | 101.2 | 30.1 |
| Mar 31, 2021 | $190.48 | $4.63 | 41.1 | — |
| Mar 31, 2020 | $139.97 | $4.77 | 29.3 | — |
| Mar 31, 2019 | $128.03 | $3.56 | 36.0 | — |
| Mar 31, 2018 | $93.36 | $3.40 | 27.5 | — |
| Mar 31, 2017 | $69.46 | $1.28 | 54.3 | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Steris valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| SterisSTE | $22.2B | 27.8 | 19.8 | 3.7 |
| Zimmer BiometZBH | $18.3B | 22.9 | 10.8 | 2.2 |
| RevvityRVTY | $17.5B | 75.1 | 27.9 | 6.0 |
| DexcomDXCM | $31.1B | 32.4 | 27.3 | 6.1 |
| ResMedRMD | $33.4B | 20.9 | 18.6 | 5.9 |
| GE HealthCareGEHC | $34.6B | 16.2 | 14.3 | 1.6 |
| Baxter InternationalBAX | $11.9B | — | 11.2 | 1.0 |
| Idexx LaboratoriesIDXX | $43.5B | 38.7 | 34.9 | 9.6 |
| InsuletPODD | $10.4B | 28.1 | 21.0 | 3.4 |
| Peer median | 28.1 | 19.8 | 4.7 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: STE financials · STE returns
No forecast, no recommendation. This page describes Steris from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.