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STE (Steris) E10 : $3.83 (As of Mar. 2025)


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What is Steris E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Steris's adjusted earnings per share data for the three months ended in Mar. 2025 was $1.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.83 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Steris's average E10 Growth Rate was 12.00% per year. During the past 3 years, the average E10 Growth Rate was 5.10% per year. During the past 5 years, the average E10 Growth Rate was 6.30% per year. During the past 10 years, the average E10 Growth Rate was 7.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Steris was 49.60% per year. The lowest was 2.50% per year. And the median was 10.70% per year.

As of today (2025-07-12), Steris's current stock price is $228.03. Steris's E10 for the quarter that ended in Mar. 2025 was $3.83. Steris's Shiller PE Ratio of today is 59.54.

During the past 13 years, the highest Shiller PE Ratio of Steris was 77.27. The lowest was 32.24. And the median was 58.43.


Steris E10 Historical Data

The historical data trend for Steris's E10 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.

* Premium members only.

Steris E10 Chart

Steris Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.08 3.30 3.21 3.42 3.83

Steris Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.42 3.54 3.63 3.73 3.83

Competitive Comparison of Steris's E10

For the Medical Devices subindustry, Steris's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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's Shiller PE Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Steris's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Steris's Shiller PE Ratio falls into.


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Steris E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Steris's adjusted earnings per share data for the three months ended in Mar. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1.48/134.9266*134.9266
=1.480

Current CPI (Mar. 2025) = 134.9266.

Steris Quarterly Data

per share eps CPI Adj_EPS
201506 0.400 100.684 0.536
201509 0.140 100.392 0.188
201512 0.260 99.792 0.352
201603 0.670 100.470 0.900
201606 0.560 101.688 0.743
201609 0.470 101.861 0.623
201612 -0.060 101.863 -0.079
201703 0.310 102.862 0.407
201706 0.680 103.349 0.888
201709 0.750 104.136 0.972
201712 1.110 104.011 1.440
201803 0.860 105.290 1.102
201806 0.820 106.317 1.041
201809 0.910 106.507 1.153
201812 0.560 105.998 0.713
201903 1.270 107.251 1.598
201906 0.990 108.070 1.236
201909 1.110 108.329 1.383
201912 1.230 108.420 1.531
202003 1.440 108.902 1.784
202006 1.050 108.767 1.303
202009 1.230 109.815 1.511
202012 1.330 109.897 1.633
202103 1.020 111.754 1.231
202106 -0.240 114.631 -0.282
202109 0.690 115.734 0.804
202112 1.420 117.630 1.629
202203 0.520 121.301 0.578
202206 1.100 125.017 1.187
202209 -3.150 125.227 -3.394
202212 1.240 125.222 1.336
202303 1.880 127.348 1.992
202306 1.250 128.729 1.310
202309 1.160 129.860 1.205
202312 1.420 129.419 1.480
202403 -0.010 131.776 -0.010
202406 1.460 132.554 1.486
202409 1.510 133.029 1.532
202412 1.750 133.157 1.773
202503 1.480 134.927 1.480

Add all the adjusted EPS together and divide 10 will get our e10.


Steris  (NYSE:STE) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Steris's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=228.03/3.83
=59.54

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Steris was 77.27. The lowest was 32.24. And the median was 58.43.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Steris E10 Related Terms

Thank you for viewing the detailed overview of Steris's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Steris Business Description

Traded in Other Exchanges
Address
5960 Heisley Road, Mentor, OH, USA, 44060
Steris is an Ireland-domiciled medical technology 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 inversion to Ireland, the firm derives approximately 70% of its revenue from Healthcare Services, 19% from Applied Sterilization Technologies, or AST, and 11% from life sciences services after the divestment of its dental products business.
Executives
Cary L Majors officer: VP, N America Com Operations 5960 HEISLEY ROAD, MENTOR OH 44060
Michael J Tokich director, officer: Sr. Vice Pres., CFO C/O STERIS CORP, 5960 HEISLEY RD, MENTOR OH 44060
Christopher S Holland director ARAMARK CORP, 1101 MARKET ST 29TH FLOOR, PHILADELPHIA PA 19107
Julia Madsen officer: Senior VP, Life Sciences 5960 HEISLEY ROAD, MENTOR OH 44060
Renato Tamaro officer: V.P. & Corporate Treasurer 5960 HEISLEY ROAD, MENTOR OH 44060
Cynthia L Feldmann director 17 WINTHROP ROAD, WAYLAND MA 01778
Mohsen Sohi director C/O STERIS CORPORATION, 5960 HEISLEY ROAD, MENTOR OH 44060
Karen L Burton officer: VP, Controller & CAO 5960 HEISLEY ROAD, MENTOR OH 44060
Jacqueline B Kosecoff director 5960 HEISLEY ROAD, MENTOR OH 44060
Richard C Breeden director 100 SOUTH WACKER, SUITE 1800, CHICAGO IL 60606
Esther M. Alegria director 2642 MICHELLE DRIVE, SUITE 200, TUSTIN CA 92780
John Adam Zangerle director, officer: Sr. VP, Gen Counsel, and Sec. 5960 HEISLEY ROAD, MENTOR OH 44060
Andrew Xilas officer: SVP and GM, Dental 5960 HEISLEY ROAD, MENTOR OH 44060
Paul Edward Martin director C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
David B Lewis director