Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the P/E ratio high or low?
The P/E ratio of 132.60 is 46% below its 1-year average of 246.79, near the low end of its 1-year range (82.19–618.52).
As of 2026-09-17T00:15:22.520Z. 26.87% below its 12-month average of 181.31.
Calculation as of: 2026-09-17T00:15:22.520Z.
Quote observation: 2026-09-16T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 54e5483d282f32e9d162dafab5b5391e4fa96f27264c65c3ec8e8425eb2a4f26
PE Ratio (132.60) = Close Price ($269.18) / Diluted TTM EPS ($2.03)
PE RATIO
132.60
PE RATIO AVG TTM
181.31
PE RATIO AVG 3Y
N/A
PE RATIO AVG 5Y
N/A
PE RATIO AVG 10Y
N/A
PE RATIO AVG 15Y
N/A
PE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-26.87%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
35.81
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+270.29%
vs the sector median at left
Astera Labs, Inc. Common Stock
Market Cap
$46.14B
PE Ratio
132.60
TTM Avg
181.31
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$45.47B
PE Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Astera Labs, Inc. Common Stock (ALAB) | $46.14B | 132.60 | 181.31 | N/A | N/A |
| Autodesk, Inc. (ADSK)vs › | $46.52B | 28.54 | 47.61 | 53.60 | 58.45 |
| Block, Inc. (XYZ)vs › | $45.61B | 136.84 | 40.55 | 89.72 | 119.50 |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $45.47B | N/A | N/A | N/A | N/A |
| Ciena Corporation (CIEN)vs › | $48.20B | 76.00 | 229.16 | 118.27 | 82.53 |
| Workday, Inc. (WDAY)vs › | $49.18B | 38.09 | 69.31 | 180.17 | 545.65 |
| Veeva Systems Inc. (VEEV)vs › | $43.03B | 43.57 | 41.59 | 52.64 | 62.44 |
| STMicroelectronics N.V. (STM)vs › | $42.90B | 94.24 | 168.88 | 65.59 | 45.09 |
| Atlassian Corporation (TEAM)vs › | $49.98B | N/A | 558.50 | 558.50 | 558.50 |
| Nebius Group N.V. (NBIS)vs › | $50.25B | N/A | 105.89 | 105.54 | 105.54 |
At 132.6, P/E is at an extreme level, where the multiple carries little signal — higher than 17% of readings in its 1-year history.
1-year low
82.2
median
207.3
1-year high
618.5
Trailing P/E
132.6
Forward P/E
67.4
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$269.18
Forward EPS (Est.)
$3.99
Forward P/E
67.40
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PE RATIO |
|---|---|
| 2026-09-11 | 143.46 |
| 2026-09-10 | 140.16 |
| 2026-09-09 | 148.05 |
| 2026-09-08 | 142.29 |
| 2026-09-04 | 152.91 |
| 2026-09-03 | 139.32 |
| 2026-09-02 | 135.04 |
| 2026-09-01 | 137.89 |
| 2026-08-31 | 146.30 |
| 2026-08-28 | 142.60 |
| 2026-08-27 | 149.80 |
| 2026-08-26 | 143.00 |
| 2026-08-25 | 139.24 |
| 2026-08-24 | 136.71 |
| 2026-08-21 | 140.38 |
| 2026-08-20 | 143.11 |
| 2026-08-19 | 142.37 |
| 2026-08-18 | 149.48 |
| 2026-08-17 | 157.72 |
| 2026-08-14 | 158.43 |
| 2026-08-13 | 159.00 |
| 2026-08-12 | 157.04 |
| 2026-08-11 | 153.69 |
| 2026-08-10 | 156.27 |
| 2026-08-07 | 164.62 |
| 2026-08-06 | 163.30 |
| 2026-08-05 | 156.86 |
| 2026-08-04 | 244.37 |
| 2026-08-03 | 216.93 |
| 2026-07-31 | 210.29 |
| 2026-07-30 | 202.49 |
| 2026-07-29 | 168.74 |
| 2026-07-28 | 175.83 |
| 2026-07-27 | 190.89 |
| 2026-07-24 | 197.01 |
| 2026-07-23 | 220.93 |
| 2026-07-22 | 223.58 |
| 2026-07-21 | 216.07 |
| 2026-07-20 | 208.84 |
| 2026-07-17 | 205.15 |
| 2026-07-16 | 216.04 |
| 2026-07-15 | 236.91 |
| 2026-07-14 | 244.45 |
| 2026-07-13 | 244.63 |
| 2026-07-10 | 279.03 |
| 2026-07-09 | 282.06 |
| 2026-07-08 | 265.65 |
| 2026-07-07 | 258.71 |
| 2026-07-06 | 292.39 |
| 2026-07-02 | 274.61 |
| 2026-07-01 | 291.12 |
| 2026-06-30 | 326.36 |
| 2026-06-29 | 308.08 |
| 2026-06-26 | 264.69 |
| 2026-06-25 | 268.92 |
| 2026-06-24 | 270.22 |
| 2026-06-23 | 268.26 |
| 2026-06-22 | 297.07 |
| 2026-06-18 | 281.80 |
| 2026-06-17 | 253.16 |
| 2026-06-16 | 244.40 |
| 2026-06-15 | 262.97 |
| 2026-06-12 | 248.07 |
| 2026-06-11 | 248.29 |
| 2026-06-10 | 223.55 |
| 2026-06-09 | 230.88 |
| 2026-06-08 | 234.01 |
| 2026-06-05 | 214.23 |
| 2026-06-04 | 241.93 |
| 2026-06-03 | 245.64 |
| 2026-06-02 | 240.38 |
| 2026-06-01 | 216.28 |
| 2026-05-29 | 231.66 |
| 2026-05-28 | 235.93 |
| 2026-05-27 | 219.82 |
| 2026-05-26 | 215.35 |
| 2026-05-22 | 207.35 |
| 2026-05-21 | 201.24 |
| 2026-05-20 | 194.24 |
| 2026-05-19 | 165.04 |
| 2026-05-18 | 145.66 |
| 2026-05-15 | 157.22 |
| 2026-05-14 | 154.49 |
| 2026-05-13 | 151.41 |
| 2026-05-12 | 138.12 |
| 2026-05-11 | 140.10 |
| 2026-05-08 | 134.99 |
| 2026-05-07 | 132.20 |
| 2026-05-06 | 144.53 |
| 2026-05-05 | 176.80 |
| 2026-05-04 | 164.96 |
| 2026-05-01 | 166.13 |
| 2026-04-30 | 159.62 |
| 2026-04-29 | 161.35 |
| 2026-04-28 | 150.25 |
| 2026-04-27 | 161.18 |
| 2026-04-24 | 174.46 |
| 2026-04-23 | 161.92 |
| 2026-04-22 | 159.07 |
| 2026-04-21 | 157.35 |
| 2026-04-20 | 144.10 |
| 2026-04-17 | 142.66 |
| 2026-04-16 | 140.01 |
| 2026-04-15 | 141.06 |
| 2026-04-14 | 139.84 |
| 2026-04-13 | 136.72 |
| 2026-04-10 | 122.17 |
| 2026-04-09 | 106.11 |
| 2026-04-08 | 102.84 |
| 2026-04-07 | 97.53 |
| 2026-04-06 | 96.71 |
| 2026-04-02 | 96.02 |
| 2026-04-01 | 87.16 |
| 2026-03-31 | 89.84 |
| 2026-03-30 | 82.19 |
| 2026-03-27 | 92.19 |
| 2026-03-26 | 93.12 |
| 2026-03-25 | 98.63 |
| 2026-03-24 | 99.80 |
| 2026-03-23 | 101.53 |
| 2026-03-20 | 95.11 |
| 2026-03-19 | 103.41 |
| 2026-03-18 | 103.56 |
| 2026-03-17 | 104.57 |
| 2026-03-16 | 104.49 |
| 2026-03-13 | 98.61 |
| 2026-03-12 | 98.28 |
| 2026-03-11 | 102.22 |
| 2026-03-10 | 95.48 |
| 2026-03-09 | 100.25 |
| 2026-03-06 | 97.70 |
| 2026-03-05 | 98.36 |
| 2026-03-04 | 93.25 |
| 2026-03-03 | 90.00 |
| 2026-03-02 | 98.81 |
| 2026-02-27 | 97.40 |
| 2026-02-26 | 102.19 |
| 2026-02-25 | 105.04 |
| 2026-02-24 | 105.25 |
| 2026-02-23 | 105.11 |
| 2026-02-20 | 116.83 |
| 2026-02-19 | 119.48 |
| 2026-02-18 | 116.74 |
| 2026-02-17 | 111.43 |
| 2026-02-13 | 116.50 |
| 2026-02-12 | 114.04 |
| 2026-02-11 | 129.47 |
| 2026-02-10 | 164.74 |
| 2026-02-09 | 169.07 |
| 2026-02-06 | 153.02 |
| 2026-02-05 | 128.67 |
| 2026-02-04 | 130.33 |
| 2026-02-03 | 142.81 |
| 2026-02-02 | 137.33 |
| 2026-01-30 | 135.69 |
| 2026-01-29 | 144.56 |
| 2026-01-28 | 151.26 |
| 2026-01-27 | 153.99 |
| 2026-01-26 | 147.07 |
| 2026-01-23 | 152.85 |
| 2026-01-22 | 158.87 |
| 2026-01-21 | 158.57 |
| 2026-01-20 | 165.54 |
| 2026-01-16 | 163.96 |
| 2026-01-15 | 157.16 |
| 2026-01-14 | 155.08 |
| 2026-01-13 | 162.67 |
| 2026-01-12 | 155.47 |
| 2026-01-09 | 146.50 |
| 2026-01-08 | 141.20 |
| 2026-01-07 | 149.34 |
| 2026-01-06 | 145.05 |
| 2026-01-05 | 150.55 |
| 2026-01-02 | 161.77 |
| 2025-12-31 | 149.87 |
| 2025-12-30 | 153.91 |
| 2025-12-29 | 153.25 |
| 2025-12-26 | 150.68 |
| 2025-12-24 | 153.13 |
| 2025-12-23 | 152.10 |
| 2025-12-22 | 155.51 |
| 2025-12-19 | 148.11 |
| 2025-12-18 | 131.42 |
| 2025-12-17 | 126.34 |
| 2025-12-16 | 130.58 |
| 2025-12-15 | 129.42 |
| 2025-12-12 | 134.10 |
| 2025-12-11 | 156.49 |
| 2025-12-10 | 148.04 |
| 2025-12-09 | 150.52 |
| 2025-12-08 | 158.32 |
| 2025-12-05 | 145.25 |
| 2025-12-04 | 137.40 |
| 2025-12-03 | 137.39 |
| 2025-12-02 | 128.77 |
| 2025-12-01 | 148.82 |
| 2025-11-28 | 141.95 |
| 2025-11-26 | 138.94 |
| 2025-11-25 | 130.43 |
| 2025-11-24 | 133.11 |
| 2025-11-21 | 127.75 |
| 2025-11-20 | 125.49 |
| 2025-11-19 | 127.94 |
| 2025-11-18 | 125.69 |
| 2025-11-17 | 127.38 |
| 2025-11-14 | 130.04 |
| 2025-11-13 | 130.15 |
| 2025-11-12 | 142.15 |
| 2025-11-11 | 150.95 |
| 2025-11-10 | 156.52 |
| 2025-11-07 | 149.09 |
| 2025-11-06 | 146.69 |
| 2025-11-05 | 163.91 |
| 2025-11-04 | 319.28 |
| 2025-11-03 | 341.10 |
| 2025-10-31 | 332.41 |
| 2025-10-30 | 301.91 |
| 2025-10-29 | 309.15 |
| 2025-10-28 | 299.59 |
| 2025-10-27 | 303.21 |
| 2025-10-24 | 293.75 |
| 2025-10-23 | 291.38 |
| 2025-10-22 | 275.73 |
| 2025-10-21 | 280.47 |
| 2025-10-20 | 278.33 |
| 2025-10-17 | 284.54 |
| 2025-10-16 | 291.22 |
| 2025-10-15 | 287.52 |
| 2025-10-14 | 287.66 |
| 2025-10-13 | 355.29 |
| 2025-10-10 | 367.18 |
| 2025-10-09 | 401.41 |
| 2025-10-08 | 390.60 |
| 2025-10-07 | 377.67 |
| 2025-10-06 | 393.18 |
| 2025-10-03 | 357.44 |
| 2025-10-02 | 373.22 |
| 2025-10-01 | 346.33 |
| 2025-09-30 | 348.65 |
| 2025-09-29 | 353.99 |
| 2025-09-26 | 352.17 |
| 2025-09-25 | 357.26 |
| 2025-09-24 | 365.51 |
| 2025-09-23 | 409.74 |
| 2025-09-22 | 422.54 |
| 2025-09-19 | 436.61 |
| 2025-09-18 | 448.50 |
| 2025-09-17 | 444.05 |
| 2025-09-16 | 425.20 |
| 2025-09-15 | 411.84 |
| 2025-09-12 | 408.65 |
| 2025-09-11 | 414.71 |
| 2025-09-10 | 410.20 |
| 2025-09-09 | 381.93 |
| 2025-09-08 | 384.79 |
| 2025-09-05 | 340.46 |
| 2025-09-04 | 334.67 |
| 2025-09-03 | 314.48 |
| 2025-09-02 | 310.26 |
| 2025-08-29 | 324.43 |
Showing the most recent 260 of 339 data points. The chart above shows the full history.