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

PAYX has the lower trailing P/E: ALAB trades at 190.89 and PAYX at 23.66. P/E is one valuation measure and does not by itself establish which business is cheaper.

Does ALAB or PAYX pay a bigger dividend?

PAYX pays a dividend (3.84% yield), while ALAB has no payments in the available dividend history.

Is ALAB or PAYX more profitable?

PAYX runs the higher net margin — ALAB at 26.72% versus PAYX at 27.03%.

Astera Labs, Inc. Common Stock (ALAB) vs Paychex, Inc. (PAYX)

A side-by-side comparison of Astera Labs, Inc. Common Stock and Paychex, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

ALAB

Astera Labs, Inc. Common Stock

$44.61B

$260.23TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT

PAYX

Paychex, Inc.

$42.28B

$118.87TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT

Total return — ALAB vs PAYX

growth of $100 · dividends reinvested · last 2y

ALAB +355.5%PAYX +2.1%ALAB compounded faster

ALAB PAYX

ALAB vs PAYX: by the numbers

•ALAB is the larger company ($44.61B vs $42.28B market cap).
•PAYX trades at the lower trailing earnings multiple (23.66 vs 190.89 P/E), one valuation lens rather than an overall verdict.
•PAYX converts more revenue to profit (27.03% vs 26.72% net margin).
•PAYX pays a dividend (3.84% yield), while ALAB has no payments in the available dividend history.

Metrics side by side

Valuation

Metric	ALAB	PAYX
P/E ratio	190.89	23.66
Forward P/E	93.52	21.02
P/S ratio	51.11	6.35
P/B ratio	34.26	11.07
PEG ratio	N/A	3.21
EV / EBITDA	218.81	15.18
FCF yield	0.67%	5.61%

Profitability

Metric	ALAB	PAYX
Gross margin	75.99%	74.29%
Operating margin	22.36%	38.55%
Net margin	26.72%	27.03%
ROE	17.91%	47.12%
ROIC	12.40%	20.49%

Dividends

Metric	ALAB	PAYX
Dividend yield	N/A	3.84%
Payout ratio	N/A	90.41%

Growth (annualized)

Metric	ALAB	PAYX
Revenue CAGR (5Y)	N/A	9.93%
EPS CAGR (5Y)	N/A	9.95%
FCF CAGR (5Y)	N/A	15.18%
Total return CAGR (5Y)	N/A	3.46%

Frequently asked

Which has the lower trailing P/E, ALAB or PAYX?: PAYX has the lower trailing P/E: ALAB trades at 190.89 and PAYX at 23.66. P/E is one valuation measure and does not by itself establish which business is cheaper.
Does ALAB or PAYX pay a bigger dividend?: PAYX pays a dividend (3.84% yield), while ALAB has no payments in the available dividend history.
Is ALAB or PAYX more profitable?: PAYX runs the higher net margin — ALAB at 26.72% versus PAYX at 27.03%.

Go deeper

Full ALAB analysis Full PAYX analysis Interactive comparison tool

Dig into the metrics

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

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

Highest Dividend Yield Stocks Highest ROE Stocks Highest ROIC Stocks Highest Operating Margin 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 28, 2026.