STE

Stock

STERIS plc

Worth a look

Bigger than its usual dip. Not yet rare.

STERIS plc is 19.6% off its high — deeper than its 6.3% average pullback, but it has been through 201 drawdowns before. Not historically significant yet — we'll say so if that changes.

Price $216.00 · as of Jul 9, 2026All-time high $268.65Drawdown -19.6%Severity Score™ 3.6
🟡

Elevated

Current Drawdown

-19.6%

Days in Drawdown

170

Avg Max Drawdown

6.3%

Avg Length

59

Drawdown Severity Score™

3.6

STE - Price & High Water Mark

STE - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of June 28, 2026 · updated daily

Where today's valuation sits within STE's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

3.6xTypical Range · 63rd percentile
Low: 0.86xMedian: 2.4xHigh: 6.4x

20 years of daily history

44.2% below its highest Price to Sales reading · 7.0x typical multiple drawdown · high date December 30, 2021

EV to EBITDA

12.5xTypical Range · 37th percentile
Low: 5.4xMedian: 15.9xHigh: 37.7x

20 years of daily history

66.8% below its highest EV to EBITDA reading · 9.2x typical multiple drawdown · high date December 30, 2021

How we measure valuation

STERIS plc (STE) Analysis: Current Drawdown Insights

STERIS plc is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $216.00, which represents a 19.6% decline from its all-time high of $268.65. This drawdown has persisted for 170 days.

Based on its full tracked price history, STERIS plc typically experiences drawdowns averaging 6.3% in depth, with an average duration of 59 days. STERIS plc has gone through 201 total drawdown events in its tracked history. The largest drawdown on record for STERIS plc was 77.2%, beginning in 1998. The longest drawdown duration on record was 3664 days.

The Drawdown Severity Score™ for STERIS plc currently stands at 3.59. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 3.0 and 5.0 indicates an elevated drawdown that's larger than this asset's historical averages.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing STERIS plc's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 201 tracked pullbacks (66 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-01-20Ongoing170 days-19.6%$268.65$216.00n/a
2025-11-132026-01-1564 days-6.7%$267.99$250.04$268.26
2025-09-122025-11-0656 days-6.7%$252.43$235.48$260.06
2025-05-202025-09-11115 days-12.2%$251.30$220.64$252.43
2024-09-112025-05-15247 days-17.9%$244.67$200.94$245.66
2022-04-212024-09-10874 days-36.2%$244.49$156.04$244.67
2022-04-142022-04-207 days-3.0%$241.04$233.84$244.49
2022-04-112022-04-133 days-1.0%$240.82$238.31$241.04
2022-04-072022-04-082 days-0.2%$240.56$240.16$240.82
2022-04-042022-04-063 days-0.9%$239.74$237.51$240.56
2022-03-302022-04-013 days-2.2%$238.94$233.72$239.74
2022-03-072022-03-2922 days-11.3%$237.01$210.24$238.94
2021-12-312022-03-0464 days-12.2%$236.55$207.59$237.01
2021-12-282021-12-303 days-1.1%$236.37$233.80$236.55
2021-11-032021-12-2351 days-8.7%$227.99$208.06$232.59
2021-10-262021-11-017 days-1.4%$226.68$223.54$227.07
2021-10-202021-10-212 days-0.4%$218.64$217.76$223.70
2021-08-182021-10-1963 days-9.4%$217.05$196.73$218.64
2021-08-042021-08-1613 days-1.8%$210.43$206.66$213.34
2021-04-272021-07-2994 days-12.8%$207.63$181.11$208.35
2021-04-222021-04-232 days-0.1%$203.84$203.71$206.05
2021-01-112021-04-1392 days-15.4%$194.09$164.21$194.63
2020-11-232021-01-0746 days-7.1%$187.23$173.94$191.20
2020-11-172020-11-204 days-1.9%$186.79$183.31$187.23
2020-10-132020-11-1332 days-8.0%$183.19$168.45$184.12
2020-10-012020-10-066 days-2.0%$168.27$164.91$172.87
2020-09-212020-09-3010 days-5.8%$168.00$158.22$168.27
2020-02-182020-09-15210 days-35.9%$159.79$102.41$162.01
2020-02-132020-02-142 days-0.5%$159.15$158.36$159.79
2019-08-142020-02-11182 days-11.7%$146.65$129.52$153.87
2019-08-092019-08-135 days-0.4%$145.91$145.27$146.65
2019-07-052019-08-0835 days-5.5%$144.43$136.47$145.91
2019-06-262019-06-272 days-0.5%$137.84$137.16$138.29
2019-06-212019-06-255 days-0.3%$137.15$136.76$137.84
2019-06-132019-06-175 days-1.4%$134.37$132.52$134.62
2019-06-112019-06-122 days-0.1%$132.64$132.54$134.37
2019-05-232019-06-0514 days-2.0%$128.14$125.54$128.95
2019-05-072019-05-2014 days-6.7%$126.16$117.74$126.86
2019-04-162019-04-2611 days-6.4%$121.14$113.43$121.55
2019-04-012019-04-1111 days-2.0%$120.53$118.12$120.59
2019-03-222019-03-276 days-2.2%$117.83$115.27$117.93
2019-03-152019-03-217 days-0.3%$116.31$116.00$117.83
2019-03-042019-03-139 days-2.8%$115.42$112.19$115.61
2019-02-212019-03-019 days-1.6%$115.33$113.50$115.42
2019-02-132019-02-142 days-0.5%$113.41$112.83$113.63
2018-11-092019-02-1296 days-17.3%$112.97$93.48$113.41
2018-08-062018-11-0693 days-10.0%$108.95$98.05$109.94
2018-07-272018-07-315 days-1.1%$105.92$104.71$106.83
2018-07-162018-07-183 days-0.6%$103.01$102.39$103.11
2018-07-112018-07-122 days-0.4%$102.36$101.95$102.81
2018-06-192018-07-0618 days-4.0%$100.36$96.31$101.37
2015-12-302017-05-10497 days-19.6%$69.93$56.20$70.08
2010-12-202012-10-04654 days-26.1%$31.03$22.92$31.18
2010-04-212010-12-02226 days-21.0%$29.32$23.15$29.49
2008-09-292010-04-07556 days-49.6%$28.67$14.45$28.97
1998-07-202008-07-303664 days-77.2%$25.73$5.86$26.14
1997-09-221997-11-2161 days-22.5%$15.96$12.37$15.98
1997-01-021997-09-16257 days-47.4%$15.82$8.32$15.96
1995-12-061996-12-09370 days-40.6%$15.69$9.32$15.78
1995-09-271995-12-0570 days-20.6%$15.46$12.28$15.69
1994-12-301995-03-2384 days-25.0%$7.27$5.46$7.32
1994-05-021994-11-03186 days-37.5%$5.09$3.18$5.09
1994-03-011994-04-2959 days-27.0%$5.05$3.68$5.09
1993-09-071994-01-27143 days-20.2%$3.82$3.05$3.86
1993-01-221993-09-03224 days-36.6%$3.73$2.36$3.82
1992-09-181992-10-2134 days-21.8%$2.50$1.96$2.55
1992-06-051992-07-2147 days-20.5%$1.77$1.41$1.77

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

STERIS plc (STE) is trading at $216.00 as of Jul 9, 2026. It is 19.6% below its high of $268.65. The drawdown has lasted 170 days. Severity score: 3.6 (Elevated).

STE Price History and Drawdown Data

Latest price

$216.00

High-water mark

$268.65

Current drawdown

-19.6%

Days in drawdown

170

This STE page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior STERIS plc drawdowns.

What History Says About STE

STERIS plc has dropped 30%+ from its high 8 times in its tracked history. These events lasted an average of 793 days with an average max drop of -45.1%.

The current drawdown of -19.6% has lasted 170 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Jul 1998 to Jul 2008-77.2%3664 days
Sep 2008 to Apr 2010-49.6%556 days
Jan 1997 to Sep 1997-47.4%257 days
Dec 1995 to Dec 1996-40.6%370 days
May 1994 to Nov 1994-37.5%186 days
Jan 1993 to Sep 1993-36.6%224 days

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