ALAB vs MCHP

Astera Labs, Inc. and Microchip Technology, both Technology

Astera Labs, Inc. is the larger company at $68B against $54B. On trailing earnings MCHP is the cheaper of the two at a P/E of 111.1 against 169.4, a gap that is only a bargain if the two are growing at similar rates. Over the past year ALAB returned +40% against +16% for MCHP. The RyuScore puts ALAB ahead, 42 against 37 out of 100.

Astera Labs, Inc. and Microchip Technology compared on valuation, return and the RyuScore
FigureALABMCHP
Last close$342$75.53
Market cap$68B$54B
Trailing P/Elower is cheaper for the same earnings, not automatically better169.4111.1
Dividend yieldn/a2.4%
1-year return+40%+16%
5-year returnn/a+4.2%
RyuScoresector-relative, 1–1042/10037/100

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Astera Labs, Inc.

Revenue of $392M in Q2 2026, net income $153M. Its largest reported line is China, 39% of the disclosed total.

Microchip Technology

Revenue of $1.5B in Q1 2027, net income $230M. Its largest reported line is Mixed Signal Microcontrollers, 50% of the disclosed total.

Open these two in the interactive comparison to add more names, change the period or see the correlation.