As of today (2024-04-23), Steris's share price is $205.99. Steris's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-6.92. Hence, Steris's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Steris's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Steris's highest Price to Tangible Book Ratio was 1749.40. The lowest was 9.68. And the median was 33.57.
STE's Price-to-Tangible-Book is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 2.63 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Steris's share price is $205.99. Steris's Book Value per Sharefor the quarter that ended in Dec. 2023 was $64.93. Hence, Steris's P/B Ratio of today is 3.17.
Steris Price-to-Tangible-Book Historical Data
The historical data trend for Steris's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Medical Devices subindustry, Steris's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Steris Price-to-Tangible-Book Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Steris's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Steris's Price-to-Tangible-Book falls into.
Steris Price-to-Tangible-Book Calculation
Steris's price-to-tangible-book ratio for today is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Steris Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Steris's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Steris is an Ireland-domiciled medical device company focused on sterilization services and infection prevention. The company is the global leader in contract sterilization services, ensuring the safe delivery of single-use and implantable medical equipment to hospitals around the world. Additionally, Steris sells sterilizers, washer-disinfectors, and other decontamination equipment and supplies for use by care provider facilities and in biopharma manufacturing sites. Domiciled in the United States before its 2015 inversion to Ireland, the firm continues to derive roughly 70% of revenue from its U.S. operations, 10% from the United Kingdom, and the remaining 20% from other international regions.
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