Which has the lower trailing P/E, ALAB or HPE?

HPE has the lower trailing P/E: ALAB trades at 202.49 and HPE at 44.90. P/E is one valuation measure and does not by itself establish which business is cheaper.

Does ALAB or HPE pay a bigger dividend?

HPE pays a dividend (1.18% yield), while ALAB has no payments in the available dividend history.

Is ALAB or HPE more profitable?

ALAB runs the higher net margin — ALAB at 26.72% versus HPE at 3.90%.

Astera Labs, Inc. Common Stock (ALAB) vs Hewlett Packard Enterprise Company (HPE)

A side-by-side comparison of Astera Labs, Inc. Common Stock and Hewlett Packard Enterprise Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 31, 2026. Differences are shown without an overall score or investment verdict.

ALAB

Astera Labs, Inc. Common Stock

$53.35B

$311.23TechnologyDelayed quote: Jul 31, 2026, 4:00 PM EDT

HPE

Hewlett Packard Enterprise Company

$63.40B

$47.88TechnologyDelayed quote: Jul 31, 2026, 3:59 PM EDT

Total return — ALAB vs HPE

growth of $100 · dividends reinvested · last 2y

ALAB +383.1%HPE +193.9%ALAB compounded faster

ALAB HPE

ALAB vs HPE: by the numbers

•HPE is the larger company ($63.40B vs $53.35B market cap).
•HPE trades at the lower trailing earnings multiple (44.90 vs 202.49 P/E), one valuation lens rather than an overall verdict.
•ALAB converts more revenue to profit (26.72% vs 3.90% net margin).
•HPE pays a dividend (1.18% yield), while ALAB has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	ALAB	HPE
P/E ratio	202.49	44.90
Forward P/E	98.98	13.80
P/S ratio	54.21	1.74
P/B ratio	36.34	2.67
PEG ratio	N/A	5.35
EV / EBITDA	232.13	15.70
FCF yield	0.63%	8.35%

Profitability

Metric	ALAB	HPE
Gross margin	75.99%	32.92%
Operating margin	22.36%	6.60%
Net margin	26.72%	3.90%
ROE	17.91%	6.00%
ROIC	12.40%	-0.59%

Dividends

Metric	ALAB	HPE
Dividend yield	N/A	1.18%

Growth (annualized)

Metric	ALAB	HPE
Revenue CAGR (5Y)	N/A	7.02%
EPS CAGR (5Y)	N/A	20.10%
FCF CAGR (5Y)	N/A	26.64%
Total return CAGR (5Y)	N/A	30.19%

Frequently asked

Which has the lower trailing P/E, ALAB or HPE?: HPE has the lower trailing P/E: ALAB trades at 202.49 and HPE at 44.90. P/E is one valuation measure and does not by itself establish which business is cheaper.
Does ALAB or HPE pay a bigger dividend?: HPE pays a dividend (1.18% yield), while ALAB has no payments in the available dividend history.
Is ALAB or HPE more profitable?: ALAB runs the higher net margin — ALAB at 26.72% versus HPE at 3.90%.

Go deeper

Full ALAB analysis Full HPE analysis Interactive comparison tool

Dig into the metrics

Astera Labs, Inc. Common Stock P/E ratio Hewlett Packard Enterprise P/E ratio Astera Labs, Inc. Common Stock dividend yield Hewlett Packard Enterprise dividend yield Astera Labs, Inc. Common Stock ROE Hewlett Packard Enterprise ROE Astera Labs, Inc. Common Stock operating margin Hewlett Packard Enterprise operating margin Astera Labs, Inc. Common Stock revenue growth Hewlett Packard Enterprise revenue growth Astera Labs, Inc. Common Stock free cash flow Hewlett Packard Enterprise free cash flow

Astera Labs, Inc. Common Stock & Hewlett Packard Enterprise appear in these rankings

Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 31, 2026.