STE
StockSTERIS plc
One email when a drop — in price or in valuation — is historically rare for STE. Otherwise we stay quiet.
Bigger than its usual dip. Not yet rare.
STERIS plc is 11.4% 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.
But down is not the same as cheap: STERIS plc's P/S Severity Score is 0.2 — its valuation sits in or above its typical range.
Moderately Elevated
Current Drawdown
-11.4%
Days in Drawdown
201
Avg Max Drawdown
6.3%
Avg Length
59
Drawdown Severity Score™
2.1
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 August 21, 2026 · updated daily
Where today's valuation sits within STE's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.
Price to Sales
STERIS plc has been cheaper on this measure only about 66% of the time in 20 years of daily history.
Price to Sales history
EV to EBITDA
STERIS plc has been cheaper on this measure only about 40% of the time in 20 years of daily history.
EV to EBITDA history · log scale
STERIS plc (STE) Analysis: Current Drawdown Insights
STERIS plc is currently in a drawdown that is unusual by its own historical standards. As of 2026-08-21, the stock is trading at $237.93, which represents a 11.4% decline from its all-time high of $268.65. This drawdown has persisted for 201 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 2.09. 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 2.0 and 3.0 indicates a moderately elevated drawdown that's starting to exceed this asset's normal range.
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 Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-02-01 | Ongoing | 201 days | -11.4% | $268.65 | $237.93 | n/a |
| 2025-11-13 | 2026-01-15 | 64 days | -6.7% | $267.99 | $250.04 | $268.26 |
| 2025-09-12 | 2025-11-06 | 56 days | -6.7% | $252.43 | $235.48 | $260.06 |
| 2025-05-20 | 2025-09-11 | 115 days | -12.2% | $251.30 | $220.64 | $252.43 |
| 2024-09-11 | 2025-05-15 | 247 days | -17.9% | $244.67 | $200.94 | $245.66 |
| 2022-04-21 | 2024-09-10 | 874 days | -36.2% | $244.49 | $156.04 | $244.67 |
| 2022-04-14 | 2022-04-20 | 7 days | -3.0% | $241.04 | $233.84 | $244.49 |
| 2022-04-11 | 2022-04-13 | 3 days | -1.0% | $240.82 | $238.31 | $241.04 |
| 2022-04-07 | 2022-04-08 | 2 days | -0.2% | $240.56 | $240.16 | $240.82 |
| 2022-04-04 | 2022-04-06 | 3 days | -0.9% | $239.74 | $237.51 | $240.56 |
| 2022-03-30 | 2022-04-01 | 3 days | -2.2% | $238.94 | $233.72 | $239.74 |
| 2022-03-07 | 2022-03-29 | 22 days | -11.3% | $237.01 | $210.24 | $238.94 |
| 2021-12-31 | 2022-03-04 | 64 days | -12.2% | $236.55 | $207.59 | $237.01 |
| 2021-12-28 | 2021-12-30 | 3 days | -1.1% | $236.37 | $233.80 | $236.55 |
| 2021-11-03 | 2021-12-23 | 51 days | -8.7% | $227.99 | $208.06 | $232.59 |
| 2021-10-26 | 2021-11-01 | 7 days | -1.4% | $226.68 | $223.54 | $227.07 |
| 2021-10-20 | 2021-10-21 | 2 days | -0.4% | $218.64 | $217.76 | $223.70 |
| 2021-08-18 | 2021-10-19 | 63 days | -9.4% | $217.05 | $196.73 | $218.64 |
| 2021-08-04 | 2021-08-16 | 13 days | -1.8% | $210.43 | $206.66 | $213.34 |
| 2021-04-27 | 2021-07-29 | 94 days | -12.8% | $207.63 | $181.11 | $208.35 |
| 2021-04-22 | 2021-04-23 | 2 days | -0.1% | $203.84 | $203.71 | $206.05 |
| 2021-01-11 | 2021-04-13 | 92 days | -15.4% | $194.09 | $164.21 | $194.63 |
| 2020-11-23 | 2021-01-07 | 46 days | -7.1% | $187.23 | $173.94 | $191.20 |
| 2020-11-17 | 2020-11-20 | 4 days | -1.9% | $186.79 | $183.31 | $187.23 |
| 2020-10-13 | 2020-11-13 | 32 days | -8.0% | $183.19 | $168.45 | $184.12 |
| 2020-10-01 | 2020-10-06 | 6 days | -2.0% | $168.27 | $164.91 | $172.87 |
| 2020-09-21 | 2020-09-30 | 10 days | -5.8% | $168.00 | $158.22 | $168.27 |
| 2020-02-18 | 2020-09-15 | 210 days | -35.9% | $159.79 | $102.41 | $162.01 |
| 2020-02-13 | 2020-02-14 | 2 days | -0.5% | $159.15 | $158.36 | $159.79 |
| 2019-08-14 | 2020-02-11 | 182 days | -11.7% | $146.65 | $129.52 | $153.87 |
| 2019-08-09 | 2019-08-13 | 5 days | -0.4% | $145.91 | $145.27 | $146.65 |
| 2019-07-05 | 2019-08-08 | 35 days | -5.5% | $144.43 | $136.47 | $145.91 |
| 2019-06-26 | 2019-06-27 | 2 days | -0.5% | $137.84 | $137.16 | $138.29 |
| 2019-06-21 | 2019-06-25 | 5 days | -0.3% | $137.15 | $136.76 | $137.84 |
| 2019-06-13 | 2019-06-17 | 5 days | -1.4% | $134.37 | $132.52 | $134.62 |
| 2019-06-11 | 2019-06-12 | 2 days | -0.1% | $132.64 | $132.54 | $134.37 |
| 2019-05-23 | 2019-06-05 | 14 days | -2.0% | $128.14 | $125.54 | $128.95 |
| 2019-05-07 | 2019-05-20 | 14 days | -6.7% | $126.16 | $117.74 | $126.86 |
| 2019-04-16 | 2019-04-26 | 11 days | -6.4% | $121.14 | $113.43 | $121.55 |
| 2019-04-01 | 2019-04-11 | 11 days | -2.0% | $120.53 | $118.12 | $120.59 |
| 2019-03-22 | 2019-03-27 | 6 days | -2.2% | $117.83 | $115.27 | $117.93 |
| 2019-03-15 | 2019-03-21 | 7 days | -0.3% | $116.31 | $116.00 | $117.83 |
| 2019-03-04 | 2019-03-13 | 9 days | -2.8% | $115.42 | $112.19 | $115.61 |
| 2019-02-21 | 2019-03-01 | 9 days | -1.6% | $115.33 | $113.50 | $115.42 |
| 2019-02-13 | 2019-02-14 | 2 days | -0.5% | $113.41 | $112.83 | $113.63 |
| 2018-11-09 | 2019-02-12 | 96 days | -17.3% | $112.97 | $93.48 | $113.41 |
| 2018-08-06 | 2018-11-06 | 93 days | -10.0% | $108.95 | $98.05 | $109.94 |
| 2018-07-27 | 2018-07-31 | 5 days | -1.1% | $105.92 | $104.71 | $106.83 |
| 2018-07-16 | 2018-07-18 | 3 days | -0.6% | $103.01 | $102.39 | $103.11 |
| 2018-07-11 | 2018-07-12 | 2 days | -0.4% | $102.36 | $101.95 | $102.81 |
| 2018-06-19 | 2018-07-06 | 18 days | -4.0% | $100.36 | $96.31 | $101.37 |
| 2015-12-30 | 2017-05-10 | 497 days | -19.6% | $69.93 | $56.20 | $70.08 |
| 2010-12-20 | 2012-10-04 | 654 days | -26.1% | $31.03 | $22.92 | $31.18 |
| 2010-04-21 | 2010-12-02 | 226 days | -21.0% | $29.32 | $23.15 | $29.49 |
| 2008-09-29 | 2010-04-07 | 556 days | -49.6% | $28.67 | $14.45 | $28.97 |
| 1998-07-20 | 2008-07-30 | 3664 days | -77.2% | $25.73 | $5.86 | $26.14 |
| 1997-09-22 | 1997-11-21 | 61 days | -22.5% | $15.96 | $12.37 | $15.98 |
| 1997-01-02 | 1997-09-16 | 257 days | -47.4% | $15.82 | $8.32 | $15.96 |
| 1995-12-06 | 1996-12-09 | 370 days | -40.6% | $15.69 | $9.32 | $15.78 |
| 1995-09-27 | 1995-12-05 | 70 days | -20.6% | $15.46 | $12.28 | $15.69 |
| 1994-12-30 | 1995-03-23 | 84 days | -25.0% | $7.27 | $5.46 | $7.32 |
| 1994-05-02 | 1994-11-03 | 186 days | -37.5% | $5.09 | $3.18 | $5.09 |
| 1994-03-01 | 1994-04-29 | 59 days | -27.0% | $5.05 | $3.68 | $5.09 |
| 1993-09-07 | 1994-01-27 | 143 days | -20.2% | $3.82 | $3.05 | $3.86 |
| 1993-01-22 | 1993-09-03 | 224 days | -36.6% | $3.73 | $2.36 | $3.82 |
| 1992-09-18 | 1992-10-21 | 34 days | -21.8% | $2.50 | $1.96 | $2.55 |
| 1992-06-05 | 1992-07-21 | 47 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 $237.93 as of Aug 21, 2026. It is 11.4% below its high of $268.65. The drawdown has lasted 201 days. Severity score: 2.1 (Moderately Elevated).
STE Price History and Drawdown Data
Latest price
$237.93
High-water mark
$268.65
Current drawdown
-11.4%
Days in drawdown
201
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 -11.4% has lasted 201 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| 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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