Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 86.14 as of Wednesday, July 29, 2026.
Forward PE Ratio (86.14) = Close Price ($249.26) / Consensus Forward EPS ($3.02)
FORWARD PE RATIO
86.14
SECTOR MEDIAN · TECHNOLOGY
26.04
median of 150 covered companies
CURRENT VS SECTOR MEDIAN
+230.80%
vs the sector median at left
Astera Labs, Inc. Common Stock
Market Cap
$42.73B
Forward PE Ratio
86.14
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Astera Labs, Inc. Common Stock (ALAB) | $42.73B | 86.14 |
| United Microelectronics Corporation (UMC)vs › | $42.69B | N/A |
| STMicroelectronics N.V. (STM)vs › | $43.28B | N/A |
| Workday, Inc. (WDAY)vs › | $43.86B | 17.58 |
| Paychex, Inc. (PAYX)vs › | $44.17B | 21.64 |
| Coherent, Inc. (COHR)vs › | $44.19B | 44.59 |
| Roper Technologies, Inc. (ROP)vs › | $40.84B | 17.65 |
| Microchip Technology Incorporated (MCHP)vs › | $39.34B | N/A |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $46.15B | 63.36 |
| Lumentum Holdings Inc. (LITE)vs › | $47.06B | 79.26 |
Trailing P/E
175.8
reported TTM EPS
Forward P/E
86.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.02 implies +104.1% EPS growth vs the reported trailing $1.48.
At today's $249.26 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $3.02 | $2.83 – $3.29 | 14 | 82.5x |
| 2027-12-31 | $4.68 | $4.00 – $6.61 | 14 | 53.3x |
| 2028-12-31 | $6.03 | $3.56 – $7.71 | 8 | 41.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
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
