STESTERIS plc

$218.40

Is the price fair?

What STE's price assumes

STERIS plc trades at 27.5× earnings against 30.9× for the median Medical Devices name, cheaper than its own group.

27.5

Trailing P/E · Medical Devices median 30.9 · cheaper than the typical name in its group

Price / sales
3.63

Price / sales · as of 2026-Q1

Free cash flow yield
4.8%

Free cash flow yield · Medical Devices median 3.9%

Growth the price implies
+6.2%

Growth the price implies · The price pays for +6.2% free cash flow growth a year for a decade; the business has delivered +35% a year over the last three.

Details
Price / book2026-Q1
3.00
EV / EBIT2026-Q1
20.8
EV / sales2026-Q1
3.86
Healthcare median P/E362 names
29.9
Medical Devices median P/E39 names
30.9
Free cash flow, trailing twelve months
$972M
Market capitalisation
$20.2B
3-year revenue growth
+9.4%
3-year free cash flow growth
+35%
What the market has paid for these earnings: 20 quarters of its own multiple × $7.93 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$273.67
Its own P/E history, median$354.57
Its own P/E history, upper quartile$433.80
52-week range$199.40 – $267.17
Today$218.40

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.