Astera Labs (Astera Labs) Price-to-Tangible-Book : 12.41 (As of Jun. 02, 2024)

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What is Astera Labs Price-to-Tangible-Book?

As of today (2024-06-02), Astera Labs's share price is $64.54. Astera Labs's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $5.20. Hence, Astera Labs's Price to Tangible Book Ratio of today is 12.41.

The historical rank and industry rank for Astera Labs's Price-to-Tangible-Book or its related term are showing as below:

ALAB' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 12.41 Med: 14.26 Max: 14.26
Current: 12.41

During the past 2 years, Astera Labs's highest Price to Tangible Book Ratio was 14.26. The lowest was 12.41. And the median was 14.26.

ALAB's Price-to-Tangible-Book is ranked worse than
92.5% of 947 companies
in the Semiconductors industry
Industry Median: 2.7 vs ALAB: 12.41

A closely related ratio is called PB Ratio. As of today, Astera Labs's share price is $64.54. Astera Labs's Book Value per Sharefor the quarter that ended in Mar. 2024 was $5.20. Hence, Astera Labs's P/B Ratio of today is 12.41.

Astera Labs Price-to-Tangible-Book Historical Data

The historical data trend for Astera Labs's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Astera Labs Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

Astera Labs Quarterly Data
	Dec22	Mar23	Dec23	Mar24
Price-to-Tangible-Book	-	-	-	14.26

Competitive Comparison of Astera Labs's Price-to-Tangible-Book

For the Semiconductors subindustry, Astera Labs's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Astera Labs's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Astera Labs's Price-to-Tangible-Book falls into.

Astera Labs Price-to-Tangible-Book Calculation

Astera Labs's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	64.54	/	5.202
	=	12.41

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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

Be Aware

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

Astera Labs Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Astera Labs's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Astera Labs (Astera Labs) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Astera Labs Inc (NAS:ALAB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2901 Tasman Drive, Suite 205, Santa Clara, CA, USA, 95054

Website

https://www.asteralabs.com

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.

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