The Whiston-born star, like Owen, has basked in the warm glow of public admiration and faced the fickle wrath of a media only too keen to criticise the stars that they themselves propelled so strongly in the limelight.
Prolific Reds striker Owen remembers well enough the doubters who swarmed around Gerrard following a public lambasting of the midfielder's talents during last season by Gerard Houllier, now he has the pleasure of hailing the mercurial skills of his good friend.
Owen said: "You go through patches as a player when you can't do no wrong and then others when you can do nothing right.
"At the moment everything is going right for Stevie. He's playing really well and it doesn't surprise me at all. I can remember it wasn't so long ago I was being asked about Stevie because he was having a bad spell. Everyone was questioning him then.
"It show s how things change in modern football. He's doing now what we've always known he was capable of. He's got to be on the short-list for player of the year. There's no question about that.