Astera Labs, Inc. Common Stock (ALAB) P/E Ratio History
Historical price-to-earnings valuation from 2025 to 2025
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Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of March 2, 2026, Astera Labs, Inc. Common Stock (ALAB) trades at a price-to-earnings ratio of 97.4x, with a stock price of $118.83 and trailing twelve-month earnings per share of $1.21.
The current P/E is 47% below its 5-year average of 185.3x. Over the past five years, ALAB's P/E has ranged from a low of 136.4x to a high of 267.6x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Technology sector median P/E of 25.2x, ALAB trades at a 286% premium to its sector peers. The sector includes 345 companies with P/E ratios ranging from 0.0x to 199.1x.
Relative to the broader market, ALAB commands a significant premium over the S&P 500 median P/E of 26.2x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our ALAB DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
Peer Comparison
P/E metrics vs. Analog, Mixed-Signal and RF Chips peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
AVGOBroadcom Inc. | $1.5T | 67.0 | 4.80 | +288% |
TXNTexas Instruments Incorporated | $193B | 38.9 | - | +5% |
ADIAnalog Devices, Inc. | $174B | 78.0 | 11.45 | +39% |
QCOMQUALCOMM Incorporated | $153B | 28.4 | 13.66 | -44% |
NXPINXP Semiconductors N.V. | $57B | 28.6 | 0.25Best | -18% |
STMSTMicroelectronics N.V. | $30B | 20.2 | 2.59 | -63% |
ALABAstera Labs, Inc. Common Stock | $20B | 97.4 | - | +291%Best |
SWKSSkyworks Solutions, Inc. | $9B | 19.3Lowest | - | -17% |
QRVOQorvo, Inc. | $8B | 142.9 | - | +181% |
CRUSCirrus Logic, Inc. | $7B | 23.5 | 1.32 | +22% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
Historical P/E Data
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $166.36 | $1.22 | 136.4x | -26% |
| FY2025 Q3 | $195.80 | $1.11 | 176.4x | -5% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $90.42 | $0.56 | 161.0x | -13% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $59.67 | $0.22 | 267.6x | +44% |
Average P/E for displayed period: 185.3x
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Start ComparisonFrequently Asked Questions
Is ALAB stock overvalued or undervalued?
ALAB trades at 97.4x P/E, below its 5-year average of 185.3x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does ALAB's valuation compare to peers?
Astera Labs, Inc. Common Stock P/E of 97.4x compares to sector median of 25.2x. The premium reflects expected growth above peers.
What is ALAB's PEG ratio?
ALAB PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2025-2025.