Steris Stock Takes a Hit: What’s Behind the Decline?

Steris, a stalwart in the market, has been on a downward trend since its last earnings report. The asset’s price has taken a 1.8% hit, leaving it at a current value of 241.16 USD per share.

This decline is particularly notable when compared to the asset’s 52-week high of 252.79 USD, reached on May 18th of this year. It’s clear that Steris has faced some challenges in recent times, but what’s driving this downturn?

To gain a deeper understanding of Steris’ valuation, let’s take a closer look at its key metrics. The price to earnings ratio stands at 39.36, indicating that investors are willing to pay a premium for the asset’s earnings. Meanwhile, the price to book ratio of 3.61 suggests that Steris is valued at a multiple of its book value.

Here are some key statistics to consider:

• Current price: 241.16 USD per share
• 52-week high: 252.79 USD per share (May 18, 2025)
• Price to earnings ratio: 39.36
• Price to book ratio: 3.61

As investors, it’s essential to stay informed about the market’s fluctuations and understand how they impact individual assets like Steris. By keeping a close eye on these key metrics, you can make more informed decisions about your investments and stay ahead of the curve.