Astera Labs (ALAB) vs ASE Technology (ASX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
ASE Technology (ASX) has outperformed Astera Labs (ALAB) over the past year, gaining 302.1% versus a gain of 80.2%. ASE Technology is the larger company by market cap ($99.52 billion vs $60.21 billion), about 1.7 times the size, while Astera Labs is growing revenue faster (+115.1% vs +13.3%). On valuation, ASE Technology trades at a lower forward P/E (23.2x vs 54.3x for Astera Labs).
Astera Labs converts more of its revenue into profit, with a net margin of 25.7% versus 6.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ALAB | ASX |
|---|---|---|
| Share price | $347.05 | $45.26 |
| Market cap | $60.21B | $99.52B |
| 1-day change | -9.21% | -1.09% |
| YTD return | +129.77% | +184.22% |
| 1-year return | +80.22% | +302.11% |
| 5-year return | — | +565.12% |
| P/E ratio (TTM) | 170.96 | 53.88 |
| Forward P/E | 54.28 | 23.17 |
| EPS (TTM) | $2.03 | $0.84 |
| Dividend yield | 0.00% | 0.91% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $852.52M | $20.57B |
| Revenue growth (YoY) | +115.13% | +13.30% |
| Net income (latest FY) | $219.13M | $1.28B |
| Gross margin | 75.69% | 17.69% |
| Operating margin | 20.34% | 7.97% |
| Net margin | 25.70% | 6.20% |
| 52-week high | $499.48 | $47.93 |
| 52-week low | $97.89 | $11.07 |
| Distance from 52-week high | -30.52% | -5.57% |
| Analyst consensus | buy | none |
| Avg. price target upside | +12.36% | +12.68% |
| Average volume | 4.17M | 7.44M |
| Shares outstanding | 173.49M | 2.20B |
| Employees | 756 | 114,179 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ASX has outperformed ALAB by 221.9 percentage points over the past year.
- Astera Labs trades at a higher earnings multiple (171.0x vs 53.9x trailing P/E).
- Astera Labs is more profitable, keeping 25.7 cents of every revenue dollar as net income versus 6.2 cents for ASE Technology.
- Astera Labs grew revenue faster in its latest fiscal year (+115.13% vs +13.30%).
About Astera Labs
ALAB stock →Astera Labs, Inc. designs, manufactures, and sells semiconductor-based connectivity solutions for cloud and AI infrastructure in Taiwan and the United States.
Technology · Semiconductors · 756 employees
About ASE Technology
ASX stock →ASE Technology Holding Co., Ltd., together with its subsidiaries, provides semiconductor manufacturing services in the United States, Taiwan, rest of Asia, Europe, and internationally. It operates through Packaging, Testing, and EMS.
Technology · Semiconductors · 114,179 employees
ALAB vs ASX FAQ
Which is bigger, Astera Labs or ASE Technology?
ASE Technology (ASX) is larger, with a market capitalization of $99.52B compared with $60.21B for Astera Labs (ALAB).
Which stock has performed better over the past year, ALAB or ASX?
ASX returned +302.11% over the past 12 months, compared with +80.22% for ALAB (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ALAB or ASX?
ASX has the lower trailing P/E at 53.9, versus 171.0 for ALAB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Astera Labs or ASE Technology?
ASE Technology pays a dividend yielding 0.91%, while Astera Labs does not currently pay a regular dividend.
Are Astera Labs and ASE Technology in the same industry?
Yes. Both are classified in the Semiconductors industry within the Technology sector.