Astera Labs, Inc. Common Stock (ALAB) P/E Ratio History
ExpensiveTrading at 325.4x vs 5Y avg 163.1x · 100th percentile · Material premium to history · Data 2025–2026
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P/E Ratio Analysis
As of June 24, 2026, Astera Labs, Inc. Common Stock (ALAB) trades at a price-to-earnings ratio of 325.4x, with a stock price of $397.02 and trailing twelve-month earnings per share of $1.48.
The current P/E is 100% above its 5-year average of 163.1x. Over the past five years, ALAB's P/E has ranged from a low of 74.1x to a high of 267.6x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Technology sector median P/E of 28.3x, ALAB trades at a 1048% premium to its sector peers. The sector includes 355 companies with P/E ratios ranging from 0.0x to 196.2x.
Relative to the broader market, ALAB commands a significant premium over the S&P 500 median P/E of 24.6x. 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.
ALAB Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
ALAB P/E vs Peers
Analog, Mixed-Signal and RF Chips peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $244B | 90.9 | - | +401%Best | |
| $8B | 20.1Lowest | 1.20 | +31% | |
| $4.8T | 40.8 | 0.43Best | +67% | |
| $848B | 196.2 | 37.97 | +165% | |
| $1.8T | 79.7 | 1.60 | +288% | |
| $70B | 111.7 | 3.78 | -65% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
ALAB Historical P/E Data (2025–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $109.60 | $1.48 | 74.1x | -55% |
| FY2025 Q4 | Dec 31 2025 | $166.36 | $1.22 | 136.4x | -16% |
| FY2025 Q3 | - | $195.80 | $1.11 | 176.4x | +8% |
| FY2025 Q2 | Jun 30 2025 | $90.42 | $0.56 | 161.0x | -1% |
| FY2025 Q1 | Mar 31 2025 | $59.67 | $0.22 | 267.6x | +64% |
Average P/E for displayed period: 163.1x
Full Stock Analysis
Deep dive into ALAB consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
1+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
ALAB — Frequently Asked Questions
Quick answers to the most common questions about buying ALAB stock.
What is ALAB's P/E ratio?
Astera Labs, Inc. Common Stock (ALAB) trailing twelve-month P/E ratio is 325.4x, based on TTM diluted EPS of $1.48. The 5-year average P/E is 163.1x and the historical range spans 74.1x to 267.6x.
Is ALAB stock overvalued or undervalued?
ALAB trades at 325.4x P/E, above its 5-year average of 163.1x. The 100th percentile ranking within the 74.1x–267.6x historical range indicates a premium to historical valuation.
Is ALAB stock expensive?
Yes, ALAB is expensive relative to its own history. The current P/E of 325.4x is above the 5-year average of 163.1x and also above the Technology sector median of 28.3x. The stock sits at the 100th percentile of its 5-year valuation range.
What is ALAB's historical P/E range?
Over the past 5 years, ALAB's P/E ratio has ranged from 74.1x to 267.6x, with a median of 161.0x and an average of 163.1x. The current P/E of 325.4x places the stock at the 100th percentile of this range. Full historical data spans 2025–2026.
How does ALAB's P/E compare to the S&P 500?
ALAB trades at 325.4x P/E versus the S&P 500 median of 24.6x. The 1223% premium to the market typically reflects higher expected earnings growth or quality.
How does ALAB's valuation compare to Technology peers?
Astera Labs, Inc. Common Stock P/E of 325.4x compares to the Technology sector median of 28.3x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is ALAB's PEG ratio?
ALAB PEG ratio is N/A, based on a P/E of 325.4x and EPS growth of 290.6%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is ALAB's earnings yield?
ALAB earnings yield is 0.31%, the inverse of its 325.4x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.