According to Steris's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 180.309. At the end of 2022 the company had a P/E ratio of -660.
Year | P/E ratio | Change |
---|---|---|
2022 | -660 | -891.28% |
2021 | 83.4 | 123.42% |
2020 | 37.3 | 13.83% |
2019 | 32.8 | -2.14% |
2018 | 33.5 | 9.9% |
2017 | 30.5 | -25.83% |
2016 | 41.1 | -17.64% |
2015 | 49.9 | 71.57% |
2014 | 29.1 | 35.57% |
2013 | 21.5 | 72.32% |
2012 | 12.4 | -7.33% |
2011 | 13.4 | -73.84% |
2010 | 51.4 | 296.57% |
2009 | 12.9 | -0.81% |
2008 | 13.1 | -42.97% |
2007 | 22.9 | -15.43% |
2006 | 27.1 | 36.3% |
2005 | 19.9 | 9.67% |
2004 | 18.1 | 4.15% |
2003 | 17.4 | -26.16% |
2002 | 23.5 | -80.67% |
2001 | 122 |
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.