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ALAB (Astera Labs) PB Ratio : 21.85 (As of Dec. 11, 2024)


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What is Astera Labs PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-11), Astera Labs's share price is $122.62. Astera Labs's Book Value per Share for the quarter that ended in Sep. 2024 was $5.61. Hence, Astera Labs's PB Ratio of today is 21.85.

The historical rank and industry rank for Astera Labs's PB Ratio or its related term are showing as below:

ALAB' s PB Ratio Range Over the Past 10 Years
Min: 7.41   Med: 11.92   Max: 21.46
Current: 21.06

During the past 2 years, Astera Labs's highest PB Ratio was 21.46. The lowest was 7.41. And the median was 11.92.

ALAB's PB Ratio is ranked worse than
97.13% of 976 companies
in the Semiconductors industry
Industry Median: 2.245 vs ALAB: 21.06

Back to Basics: PB Ratio


Astera Labs PB Ratio Historical Data

The historical data trend for Astera Labs's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Astera Labs PB Ratio Chart

Astera Labs Annual Data
Trend Dec22 Dec23
PB Ratio
- -

Astera Labs Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio Get a 7-Day Free Trial - - 14.26 11.21 9.34

Competitive Comparison of Astera Labs's PB Ratio

For the Semiconductors subindustry, Astera Labs's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Astera Labs's PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Astera Labs's PB Ratio distribution charts can be found below:

* The bar in red indicates where Astera Labs's PB Ratio falls into.



Astera Labs PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Astera Labs's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=122.62/5.611
=21.85

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Astera Labs  (NAS:ALAB) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Astera Labs PB Ratio Related Terms

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Astera Labs Business Description

Comparable Companies
Traded in Other Exchanges
Address
2901 Tasman Drive, Suite 205, Santa Clara, CA, USA, 95054
Astera Labs Inc is a company that offers an Intelligent Connectivity Platform, comprised of Semiconductor-based, high-speed mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors. COSMOS, their software suite which is embedded in its connectivity products and integrated into their customers' systems. The Company delivers critical connectivity performance, enables flexibility and customization, and supports observability and predictive analytics. This approach addresses the data, network, and memory bottlenecks, scalability, and other infrastructure requirements of hyperscalers and system original equipment manufacturers.