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Stock Comparison · Structural lead, mixed market

AstraZeneca vs STERIS: Which Stock Looks Stronger in 2026?

STERIS holds the cleaner structural position, with growth as the main driver and valuation adding further support. In the market, AstraZeneca carries the stronger setup — intact trend against STERIS's broken trend. That leaves a split case: the structural lead stays with STERIS, but the market is not currently confirming it.

The comparison is based on similar long-term financial trajectories, not sector labels. Peer scores are normalised within each company's primary universe (AZN.L: STOXX 600, STE: Russell 1000).

Updated 2026-05-17

The clearest separation starts in growth, but valuation adds another real layer to the result. The overall score gap is 10 points in favour of STERIS plc.

Trajectory Similarity
0.61
Moderately similar
Peer-set rank: #11
within AstraZeneca PLC's functional peer set

This pair is matched through long-term financial trajectory similarity within the selected peer universe.

A moderate similarity means the pair is structurally comparable, but not a near-twin trajectory match.

Most of the shared profile comes through revenue stability and margin trend.

Similarity drivers
revenue stabilitymargin trend
How to read the score
0.85–1.00 · Very similar0.70–0.84 · Similar0.55–0.69 · Moderately similarbelow 0.55 · Loose match
Peer-Relative Score
AZN.L
AstraZeneca PLC
44
Peer-Score
Signal qualitylow
Peer basis: STOXX 600
vs
STE
STERIS plc
54
Peer-Score
Signal qualitylow
Peer basis: Russell 1000

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: AZN.L vs STE Profitability 35 27 Stability 51 64 Valuation 47 63 Growth 44 73 AZN.L STE
Gap Ranking
#1 Growth +29
#2 Valuation +16
#3 Stability +13
#4 Profitability +8
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for AZN.L and STE Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AZN.LSTE Relative valuation Structural strength

STERIS plc looks stronger both structurally and on relative valuation.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Relative Position vs Comparable Companies
Growth
Both profiles are strong on growth, but STERIS plc leads clearly.
Valuation
On valuation, the same pattern holds: both rank well, but STERIS plc still sits higher.
Growth — Dominant Gap
AZN.L
44
STE
73
Gap+29in favour of STE

Earnings growth is one contributing factor within the growth lead.

What keeps the gap from being one-sided

Profitability still favours AstraZeneca, with a 8.2-point operating margin advantage keeping the comparison from looking fully resolved.

What this means for the comparison

Growth is the clearest driver, and valuation also supports STERIS plc's broader structural position.

Explore full peer positioning in AssetNext

Break down the AZN.L vs STE comparison across all dimensions with the full interactive tool.

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Similar growth-and-valuation comparisons

Explore how AZN.L and STE each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.