Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 72.91 as of 2026-09-12T00:15:10.081Z.
Consensus retrieved: 2026-09-10T22:59:16.669Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-12T00:15:10.081Z.
Quote observation: 2026-09-11T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 18aed4d58b8c44e1395a2a00c53b57b411b18429a6fc53fbebf57f72eb3d32a4
Forward PE Ratio (72.91) = Dated Quote Price ($291.22) / Consensus Forward EPS ($3.99)
FORWARD PE RATIO
72.91
SECTOR MEDIAN · TECHNOLOGY
23.75
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+206.99%
vs the sector median at left
Astera Labs, Inc. Common Stock
Market Cap
$49.92B
Forward PE Ratio
72.91
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Astera Labs, Inc. Common Stock (ALAB) | $49.92B | 72.91 |
| Ciena Corporation (CIEN)vs › | $49.48B | 48.88 |
| Workday, Inc. (WDAY)vs › | $48.64B | 16.77 |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $48.55B | N/A |
| Atlassian Corporation (TEAM)vs › | $47.20B | 32.71 |
| Block, Inc. (XYZ)vs › | $47.14B | N/A |
| STMicroelectronics N.V. (STM)vs › | $45.98B | 37.82 |
| Nebius Group N.V. (NBIS)vs › | $53.89B | N/A |
| Garmin Ltd. (GRMN)vs › | $54.51B | 27.80 |
| Autodesk, Inc. (ADSK)vs › | $44.85B | 16.86 |
Trailing P/E
143.5
reported TTM EPS
Forward P/E
72.9
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.99 implies +96.6% EPS growth vs the reported trailing $2.03.
At the dated quote price of $291.22, 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 | $3.99 | $3.91 – $4.10 | 14 | 72.9x |
| 2027-12-31 | $6.49 | $6.07 – $7.29 | 15 | 44.9x |
| 2028-12-31 | $8.26 | $6.06 – $11.04 | 12 | 35.3x |
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