Is ALAB or TER cheaper?

On trailing earnings, TER is cheaper: ALAB trades at a 248.07 P/E and TER at 74.67.

Does ALAB or TER pay a bigger dividend?

TER pays a dividend (0.12% yield) while ALAB does not currently pay one.

Is ALAB or TER more profitable?

ALAB runs the higher net margin — ALAB at 26.72% versus TER at 22.55%.

Astera Labs, Inc. Common Stock (ALAB) vs Teradyne, Inc. (TER)

TER leads on 9 of 11 compared metrics.

A side-by-side comparison of Astera Labs, Inc. Common Stock and Teradyne, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

ALAB

Astera Labs, Inc. Common Stock

Total return — ALAB vs TER

growth of $100 · last 2y

ALAB +491.9%TER +276.4%ALAB compounded faster

ALAB TER

ALAB vs TER: by the numbers

•TER is the larger company ($63.12B vs $62.93B market cap).
•TER trades at the lower earnings multiple (74.67 vs 248.07 P/E).
•ALAB converts more revenue to profit (26.72% vs 22.55% net margin).
•TER pays a dividend (0.12% yield) while ALAB does not currently pay one.

Which is better, ALAB or TER?

Metric tally: ALAB 2 · TER 9

It depends on what you're optimizing for:

ValueTER(lower P/E)

QualityTER(higher ROIC)

Valuation

Metric	ALAB	TER
P/E ratio	248.07	74.67●
Forward P/E	85.32	54.71●
P/S ratio	66.42	16.78●
P/B ratio	44.52	20.22●
PEG ratio	—	23.29
EV / EBITDA	237.61	57.36●
FCF yield	0.52%	0.87%●

Profitability

Metric	ALAB	TER
Gross margin	75.99%●	58.79%
Operating margin	22.36%	26.92%●
Net margin	26.72%●	22.55%
ROE	17.91%	27.17%●
ROIC	12.40%	18.45%●

Dividends

Metric	ALAB	TER
Dividend yield	—	0.12%
Payout ratio	—	14.33%

Growth (annualized)

Metric	ALAB	TER
Revenue CAGR (5Y)	—	3.76%
EPS CAGR (5Y)	—	-5.86%
FCF CAGR (5Y)	—	-3.97%
Total return CAGR (5Y)	—	26.28%

Frequently asked

Which is better, ALAB or TER?: It depends on your goal. value: TER (lower P/E); quality: TER (higher ROIC). Across all compared metrics, TER leads 9 to 2.
Is ALAB or TER cheaper?: On trailing earnings, TER is cheaper: ALAB trades at a 248.07 P/E and TER at 74.67.
Does ALAB or TER pay a bigger dividend?: TER pays a dividend (0.12% yield) while ALAB does not currently pay one.
Is ALAB or TER more profitable?: ALAB runs the higher net margin — ALAB at 26.72% versus TER at 22.55%.

Go deeper

Full ALAB analysis Full TER analysis Interactive comparison tool

Dig into the metrics

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

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

Highest ROE Stocks Highest ROIC Stocks 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 13, 2026.