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

MCHP has the lower trailing P/E: ALAB trades at 126.62 and MCHP at 99.14. P/E is one valuation measure and does not by itself establish which business is cheaper.

Does ALAB or MCHP pay a bigger dividend?

MCHP pays a dividend (2.45% yield), while ALAB has no payments in the available dividend history.

Is ALAB or MCHP more profitable?

ALAB runs the higher net margin — ALAB at 30.74% versus MCHP at 8.80%.

Astera Labs, Inc. Common Stock (ALAB) vs Microchip Technology Incorporated (MCHP)

A side-by-side comparison of Astera Labs, Inc. Common Stock and Microchip Technology Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

ALAB

Astera Labs, Inc. Common Stock

$44.06B

$257.04TechnologyDelayed quote: Sep 14, 2026, 4:00 PM EDT

MCHP

Microchip Technology Incorporated

$38.81B

$71.48TechnologyDelayed quote: Sep 14, 2026, 4:00 PM EDT

Total return — ALAB vs MCHP

growth of $100 · dividends reinvested · last 2y

ALAB +369.5% (+116.7%/yr)MCHP -10.4% (-5.3%/yr)ALAB compounded faster over this window

Log scale — wide-divergence pair

ALAB MCHP

ALAB vs MCHP: by the numbers

•ALAB is the larger company ($44.06B vs $38.81B market cap).
•MCHP trades at the lower trailing earnings multiple (99.14 vs 126.62 P/E), one valuation lens rather than an overall verdict.
•ALAB converts more revenue to profit (30.74% vs 8.80% net margin).
•MCHP pays a dividend (2.45% yield), while ALAB has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	ALAB	MCHP
P/E ratio	126.62	99.14
Forward P/E	64.36	N/A
P/S ratio	36.66	7.58
P/B ratio	25.53	6.02
EV / EBITDA	153.97	29.90
FCF yield	0.63%	2.86%

Profitability

Metric	ALAB	MCHP
Gross margin	75.13%	60.19%
Operating margin	22.75%	15.52%
Net margin	30.74%	8.80%
ROE	21.41%	6.98%
ROIC	15.47%	5.01%

Dividends

Metric	ALAB	MCHP
Dividend yield	N/A	2.45%
Payout ratio	N/A	252.43%

Growth (annualized)

Metric	ALAB	MCHP
Revenue CAGR (5Y)	N/A	-2.11%
EPS CAGR (5Y)	N/A	-16.62%
FCF CAGR (5Y)	N/A	-9.94%
Total return CAGR (5Y)	N/A	0.99%

Frequently asked

Which has the lower trailing P/E, ALAB or MCHP?: MCHP has the lower trailing P/E: ALAB trades at 126.62 and MCHP at 99.14. P/E is one valuation measure and does not by itself establish which business is cheaper.
Does ALAB or MCHP pay a bigger dividend?: MCHP pays a dividend (2.45% yield), while ALAB has no payments in the available dividend history.
Is ALAB or MCHP more profitable?: ALAB runs the higher net margin — ALAB at 30.74% versus MCHP at 8.80%.

Go deeper

Full ALAB analysis Full MCHP analysis Interactive comparison tool

Dig into the metrics

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

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

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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 September 13, 2026.