ALAB vs. AVGO: Astera Labs vs. Broadcom Stock Comparison

November 11, 2026

How do Astera Labs (ALAB) and Broadcom (AVGO) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Astera Labs (ALAB) and Broadcom (AVGO) are both classified in the Semiconductors sub-industry within the broader Semiconductors & Semiconductor Equipment industry, placing them in the closest GICS peer bucket.

Broadcom (AVGO) has been public since August 6, 2009, giving it a longer listed trading history, while Astera Labs (ALAB) listed on March 20, 2024 and still has a shorter public-market record.

Company profile comparison for Astera Labs (ALAB) and Broadcom (AVGO)
Profile Item	ALAB	AVGO
Name	Astera Labs, Inc.	Broadcom Inc.
Country/Region	United States	United States
GICS Sector	Information Technology	Information Technology
GICS Industry Group	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Industry	Semiconductors & Semiconductor Equipment	Semiconductors & Semiconductor Equipment
GICS Sub-Industry	Semiconductors	Semiconductors
Market Capitalization	33.33 billion USD	1,401.97 billion USD
Currency	USD	USD
Exchange	Nasdaq	Nasdaq
Listing Date	March 20, 2024	August 6, 2009
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

ALAB

AVGO

GSPC

Astera Labs (ALAB) vs. Broadcom (AVGO), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Astera Labs (ALAB) and Broadcom (AVGO). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Astera Labs (ALAB) and Broadcom (AVGO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Astera Labs (ALAB) and Broadcom (AVGO)
Metric	ALAB	AVGO
Total Return (1Y)	31.42%	-8.02%
Total Return (3Y, Annualized)	--	53.49%
Total Return (5Y, Annualized)	--	44.26%

Risk Profile

Drawdown History

ALAB

AVGO

GSPC

Astera Labs (ALAB) vs. Broadcom (AVGO), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Astera Labs (ALAB) and Broadcom (AVGO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Astera Labs (ALAB) and Broadcom (AVGO)
Metric	ALAB	AVGO
Volatility (1Y, Annualized)	101.55%	48.06%
Beta (5Y)	3.95	1.50
Max Drawdown (5Y)	-63.69%	-41.15%
Avg. Volume (3M)	4.15M	23.75M

Risk-Adjusted Performance

Risk-Return Positioning

ALAB and AVGO are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Astera Labs (ALAB) and Broadcom (AVGO)
Metric	ALAB	AVGO
Sharpe Ratio (1Y)	0.27	-0.26
Sortino Ratio (1Y)	0.39	-0.35

Profitability

ROE (TTM)

Both Astera Labs (ALAB) at 28.21% and Broadcom (AVGO) at 44.25% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.

ALAB

Semiconductors & Semiconductor Equipment industry group

28.21%

Max: 52.82%
ALAB: 28.21%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

AVGO

Semiconductors & Semiconductor Equipment industry group

44.25%

Max: 52.82%
AVGO: 44.25%
Q3: 22.26%
Median: 10.58%
Q1: 1.29%
Min: -16.89%

Astera Labs (ALAB) vs. Broadcom (AVGO): A comparison of their ROE against the Semiconductors & Semiconductor Equipment industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both Astera Labs (ALAB) at 29.64% and Broadcom (AVGO) at 42.94% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

ALAB

Semiconductors & Semiconductor Equipment industry group

29.64%

Max: 63.80%
ALAB: 29.64%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

AVGO

Semiconductors & Semiconductor Equipment industry group

42.94%

Max: 63.80%
AVGO: 42.94%
Q3: 28.36%
Median: 11.44%
Q1: 0.90%
Min: -37.77%

Astera Labs (ALAB) vs. Broadcom (AVGO): A comparison of their net margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Operating Margin (TTM)

Both Astera Labs (ALAB) at 30.61% and Broadcom (AVGO) at 54.31% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

ALAB

Semiconductors & Semiconductor Equipment industry group

30.61%

Max: 58.66%
ALAB: 30.61%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

AVGO

Semiconductors & Semiconductor Equipment industry group

54.31%

Max: 58.66%
AVGO: 54.31%
Q3: 30.23%
Median: 15.91%
Q1: 7.54%
Min: -25.74%

Astera Labs (ALAB) vs. Broadcom (AVGO): A comparison of their operating margin against the Semiconductors & Semiconductor Equipment industry group benchmark.

Profitability Metrics

Profitability metrics for Astera Labs (ALAB) and Broadcom (AVGO)
Metric	ALAB	AVGO
ROE (TTM)	28.21%	44.25%
ROA (TTM)	13.41%	15.37%
Net Margin (TTM)	29.64%	42.94%
Operating Margin (TTM)	30.61%	54.31%
Gross Margin (TTM)	73.89%	75.52%

Growth

Revenue Growth

Astera Labs (ALAB) at 115.13% clears its industry range for revenue growth, far stronger top-line momentum than Broadcom (AVGO) at 23.87%, which is closer to a typical peer reading.

Astera Labs (ALAB) vs. Broadcom (AVGO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Broadcom (AVGO) reports EPS growth of 287.80%, ranked against its industry; Astera Labs (ALAB) has no EPS growth figure this period.

Astera Labs (ALAB) vs. Broadcom (AVGO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Astera Labs (ALAB) and Broadcom (AVGO)
Metric	ALAB	AVGO
Revenue Growth (YoY)	115.13%	23.87%
Revenue Growth (3Y CAGR)	120.18%	24.38%
EPS Growth (YoY)	--	287.80%
EPS Growth (3Y CAGR)	--	21.60%

Financial Strength

Current Ratio (MRQ)

Broadcom (AVGO) at 2.50 keeps current ratio within its industry’s typical mid-range, while Astera Labs (ALAB) at 8.03 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.

ALAB

Semiconductors & Semiconductor Equipment industry group

8.03

Max: 10.33
ALAB: 8.03
Q3: 5.62
Median: 3.33
Q1: 2.35
Min: 1.03

AVGO

Semiconductors & Semiconductor Equipment industry group

2.50

Max: 10.33
Q3: 5.62
Median: 3.33
AVGO: 2.50
Q1: 2.35
Min: 1.03

Astera Labs (ALAB) vs. Broadcom (AVGO): A comparison of their current ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Debt / Equity (MRQ)

Astera Labs (ALAB) at 0.02 keeps leverage in the lower industry quartile, while Broadcom (AVGO) at 0.60 runs a more typical debt-to-equity mix.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.02

Max: 1.46
Q3: 0.65
Median: 0.27
Q1: 0.04
ALAB: 0.02
Min: 0.00

AVGO

Semiconductors & Semiconductor Equipment industry group

0.60

Max: 1.46
Q3: 0.65
AVGO: 0.60
Median: 0.27
Q1: 0.04
Min: 0.00

Astera Labs (ALAB) vs. Broadcom (AVGO): A comparison of their debt-to-equity ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Astera Labs (ALAB) and Broadcom (AVGO)
Metric	ALAB	AVGO
Current Ratio (MRQ)	8.03	2.50
Debt / Equity (MRQ)	0.02	0.60
Net Debt / EBITDA	-3.23	0.68

Dividends

Dividend Yield (TTM)

Astera Labs (ALAB) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Broadcom (AVGO) reports a yield of 0.89%, ranking against industry peers normally.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 1.37%
Q3: 0.65%
ALAB: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

AVGO

Semiconductors & Semiconductor Equipment industry group

0.89%

Max: 1.37%
AVGO: 0.89%
Q3: 0.65%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Astera Labs (ALAB) vs. Broadcom (AVGO): A comparison of their dividend yield against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Payout Ratio (TTM)

Astera Labs (ALAB) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Broadcom (AVGO) reports a payout of 32.44%, ranking against industry peers normally.

ALAB

Semiconductors & Semiconductor Equipment industry group

0.00%

Max: 49.64%
Q3: 21.71%
ALAB: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

AVGO

Semiconductors & Semiconductor Equipment industry group

32.44%

Max: 49.64%
AVGO: 32.44%
Q3: 21.71%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Astera Labs (ALAB) vs. Broadcom (AVGO): A comparison of their payout ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Dividend Metrics

Dividend metrics for Astera Labs (ALAB) and Broadcom (AVGO)
Metric	ALAB	AVGO
Dividend Yield (TTM)	0.00%	0.89%
Dividend Payout Ratio (TTM)	0.00%	32.44%

Valuation

P/E Ratio (TTM)

Broadcom (AVGO) at 37.51 is near its industry’s usual P/E ratio, while Astera Labs (ALAB) at 75.38 sits in the richer quartile — ALAB needs stronger growth or earnings quality to justify the premium.

ALAB

Semiconductors & Semiconductor Equipment industry group

75.38

Max: 110.34
ALAB: 75.38
Q3: 66.81
Median: 37.02
Q1: 23.96
Min: 8.12

AVGO

Semiconductors & Semiconductor Equipment industry group

37.51

Max: 110.34
Q3: 66.81
AVGO: 37.51
Median: 37.02
Q1: 23.96
Min: 8.12

Astera Labs (ALAB) vs. Broadcom (AVGO): A comparison of their P/E ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/S Ratio (TTM)

Both Astera Labs (ALAB) at 21.42 and Broadcom (AVGO) at 15.73 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.

ALAB

Semiconductors & Semiconductor Equipment industry group

21.42

ALAB: 21.42
Max: 21.42
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

AVGO

Semiconductors & Semiconductor Equipment industry group

15.73

Max: 21.42
AVGO: 15.73
Q3: 12.27
Median: 5.76
Q1: 2.73
Min: 0.00

Astera Labs (ALAB) vs. Broadcom (AVGO): A comparison of their P/S ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Broadcom (AVGO) at 14.06 sits in the upper P/B ratio quartile, and Astera Labs (ALAB) at 16.67 prices even higher, above its industry range.

ALAB

Semiconductors & Semiconductor Equipment industry group

16.67

ALAB: 16.67
Max: 14.06
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

AVGO

Semiconductors & Semiconductor Equipment industry group

14.06

AVGO: 14.06
Max: 14.06
Q3: 7.44
Median: 4.29
Q1: 2.30
Min: 0.20

Astera Labs (ALAB) vs. Broadcom (AVGO): A comparison of their P/B ratio against the Semiconductors & Semiconductor Equipment industry group benchmark.

Valuation Metrics

Valuation metrics for Astera Labs (ALAB) and Broadcom (AVGO)
Metric	ALAB	AVGO
P/E Ratio (TTM)	75.38	37.51
P/S Ratio (TTM)	21.42	15.73
P/B Ratio (MRQ)	16.67	14.06
Free Cash Flow Yield (TTM)	0.39%	2.18%