Astera Labs, Inc. Common Stock (ALAB) Valuation
Historical valuation analysis based on 500 data points (2024-09-23 to 2026-09-21)
Astera Labs Inc designs and delivers semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform integrates semiconductor technology, microcont...
Astera Labs, Inc. Common Stock (ALAB) currently trades at a P/E ratio of 230.65 (historical range: 71.98–326.96, median: 153.18), placing it at the 87th percentile — expensive relative to its history, P/S ratio of 61.64 (range: 19.23–113.31, 84th percentile — expensive relative to its history).
Astera Labs, Inc. Common Stock appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 230.65 | 71.98 | 153.18 | 326.96 | 87th | expensive relative to its history |
| P/S Ratio | 61.64 | 19.23 | 41.52 | 113.31 | 84th | expensive relative to its history |
| FCF Yield | 0.01 | 0.00 | 0.01 | 0.02 | 20th | expensive relative to its history |
Astera Labs, Inc. Common Stock (ALAB) Valuation & P/E History
Astera Labs, Inc. Common Stock (ALAB) is a US-listed stock operating in the Technology sector, specifically the Semiconductors & Related Devices industry currently trading at $341.50 with a market capitalization of $59.3 billion. This page provides historical valuation analysis for ALAB based on 500 data points covering 2024-09-23 to 2026-09-21. The P/E ratio of 230.65 is above the historical median of 153.18, placing ALAB at the 87th percentile of its valuation range. The P/S ratio of 61.64 compares to a median of 41.52.
ALAB Valuation Metrics & Historical Range
The valuation table above shows Astera Labs, Inc. Common Stock's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether ALAB is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests ALAB is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Astera Labs, Inc. Common Stock.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is ALAB Overvalued or Undervalued?
Astera Labs, Inc. Common Stock appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics. The overall valuation percentile of 86 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive ALAB is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full ALAB analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.ALAB trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.