Is ALAB or LITE cheaper?

On trailing earnings, LITE is cheaper: ALAB trades at a 268.26 P/E and LITE at 153.22.

Is ALAB or LITE more profitable?

ALAB runs the higher net margin — ALAB at 26.72% versus LITE at 17.68%.

Astera Labs, Inc. Common Stock (ALAB) vs Lumentum Holdings Inc. (LITE)

ALAB leads on 7 of 11 compared metrics, though LITE is the cheaper stock.

A side-by-side comparison of Astera Labs, Inc. Common Stock and Lumentum Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ALAB

Astera Labs, Inc. Common Stock

$68.05B

$397.02Technology

LITE

Lumentum Holdings Inc.

$64.41B

$827.92Technology

Total return — ALAB vs LITE

growth of $100 · last 2y

ALAB +540.0%LITE +1596.2%LITE compounded faster

ALAB LITE

ALAB vs LITE: by the numbers

•ALAB is the larger company ($68.05B vs $64.41B market cap).
•LITE trades at the lower earnings multiple (153.22 vs 268.26 P/E).
•ALAB converts more revenue to profit (26.72% vs 17.68% net margin).

Which is better, ALAB or LITE?

Metric tally: ALAB 7 · LITE 4

It depends on what you're optimizing for:

ValueLITE(lower P/E)

QualityALAB(higher ROIC)

Metrics side by side

Valuation

Metric	ALAB	LITE
P/E ratio	268.26	153.22●
Forward P/E	91.09●	100.96
P/S ratio	71.82	32.01●
P/B ratio	48.14	26.79●
EV / EBITDA	256.98	145.49●
FCF yield	0.48%●	0.34%

Profitability

Metric	ALAB	LITE
Gross margin	75.99%●	37.71%
Operating margin	22.36%●	9.53%
Net margin	26.72%●	17.68%
ROE	17.91%●	14.79%
ROIC	12.40%●	0.70%

Growth (annualized)

Metric	ALAB	LITE
Revenue CAGR (5Y)	—	7.50%
EPS CAGR (5Y)	—	-26.64%
FCF CAGR (5Y)	—	-7.72%
Total return CAGR (5Y)	—	59.21%

Frequently asked

Which is better, ALAB or LITE?: It depends on your goal. value: LITE (lower P/E); quality: ALAB (higher ROIC). Across all compared metrics, ALAB leads 7 to 4.
Is ALAB or LITE cheaper?: On trailing earnings, LITE is cheaper: ALAB trades at a 268.26 P/E and LITE at 153.22.
Is ALAB or LITE more profitable?: ALAB runs the higher net margin — ALAB at 26.72% versus LITE at 17.68%.

Go deeper

Full ALAB analysis Full LITE analysis Interactive comparison tool

Dig into the metrics

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

Astera Labs, Inc. Common Stock & Lumentum appear in these rankings

Best 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 June 24, 2026.