# Astera Labs Inc. (ALAB) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Technology / Semiconductors & Chip Equipment. Price $233.62, market value $40.5 billion.

## Valuation
- **P/E (trailing): 92.3×** (5-yr avg 136.4×, 3-yr avg 136.4×). Astera Labs Inc. trades at 92.3× trailing earnings, well below its own five-year average of 136.4×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 35.6×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.12**. A PEG of 0.12 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 33.7×**. Each dollar of revenue is priced at 33.7×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 23.5×**. The shares trade at 23.5× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 0.7%** (5-yr avg 0.8%). Free cash flow equals 0.7% of the market value, in line with its five-year average of 0.8%.
- **Earnings yield: 1.1%**. The inverse of the P/E: 1.1% of the price is earned each year.

## Profitability
- **Gross margin: 75.1%**. Astera Labs Inc. keeps 75.1% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 22.8%**. 22.8% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 25.7%**. 25.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 16.1%**. 16.1% on shareholders' equity is solid.
- **Return on assets: 24.1%**. Each dollar of assets produces 24.1% of profit.

## Growth
- **Revenue growth (1 yr): 115.1%** (3-yr 120.2%/yr). Revenue grew 115.1% over the last year.
- **EPS growth (1 yr): 290.6%**. Earnings per share rose 290.6%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Current ratio: 10.24** (quick 10.24). Current assets cover the next year's liabilities 10.24 times.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Astera Labs Inc. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (22 analysts). 22 analysts cover Astera Labs Inc.; the consensus is buy, with an average price target of $382.68 (+64% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 23.0%** (YTD 38.1%, 3-mo -28.5%). The shares are up 23.0% over twelve months including dividends.
- **From 52-week high: -53.2%** (138.7% above the low). Trading 53% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 32**. An RSI of 32 is neutral.
- **Beta (1 yr): 3.84** (volatility 99%). Beta of 3.84 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ALAB · Page: https://foliofundamentals.com/stocks/alab

Not investment advice.