STERIS forward PE STE

Share price divided by analysts' consensus earnings for the next twelve months, since 1996.

Today, Oct 23, 2026: 20.2×
10-year median: 24.3×
Against its 10-year history: 11th; percentile: 0 is its lowest day, 100 its highest
10-year range: 17.2× to 31.6×
Peer median: 24.9×

STERIS' forward PE is 20.2× as of Oct 23, 2026.

That is below its ten-year median of 24.3×, lower than on 89% of days in the last ten years.

Over that time it ranged from 17.2× in Dec 2016 to 31.6× in Feb 2020.

The median for 10 healthcare stocks of a similar size is 24.9×.

Forward PE over time

median 24.3×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	20.2×	17.9×	25.4×
2025	24.2×	21.4×	25.2×
2024	21.8×	21.8×	26.9×
2023	25.5×	21.6×	27.7×
2022	22.5×	19.9×	30.7×
2021	30.9×	24.8×	30.9×
2020	28.7×	21.7×	31.6×
2019	29.0×	20.7×	29.6×
2018	20.9×	19.9×	24.7×
2017	20.4×	17.8×	22.4×
2016	17.8×	16.2×	19.5×
2015	20.1×	18.0×	24.3×
2014	24.2×	16.0×	24.2×
2013	17.8×	14.4×	17.8×
2012	14.1×	13.0×	15.5×
2011	13.7×	12.7×	16.1×
2010	16.0×	13.3×	17.2×
2009	15.7×	15.4×	22.8×
2008	19.1×	19.1×	43.6×
2007	24.7×	19.9×	25.0×

Against its peers

Companies in Healthcare nearest STERIS' size, closest first, today.

Company	Forward PE
STESTERIS	20.2×
INCYIncyte	49.5×
THCTenet Healthcare	12.9×
UTHRUnited Therapeutics	22.0×
LHLabcorp	17.4×
DGXQuest Diagnostics	n/m
ZBHZimmer Biomet	n/m
MEDPMedpace	n/m
WSTWest Pharmaceutical Services	42.2×
RVTYRevvity	n/m
DXCMDexCom	27.7×
Peer median	24.9×

Where STERIS ranks

#28of 51Healthcare stocks with the lowest forward PE

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on STERIS

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.