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ALAB vs WDAY

Comparison between Astera Labs Inc (ALAB, Company) and Workday Inc - Class A (WDAY, Company).

Both ALAB and WDAY are from the Technology sector.

ALAB vs WDAY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
ALAB
$43B
WDAY
$43B
Max Drawdown
ALAB
63.69%
Winner
WDAY
63.38%
Sharpe Ratio
Winner
ALAB
1.34
WDAY
-0.63
5Y Beta
ALAB
2.70
Winner
WDAY
0.76
Industry
ALAB
Semiconductors
WDAY
Software - Application
P/E Ratio
ALAB
157.98
Winner
WDAY
57.30
Forward P/E
ALAB
102.04
Winner
WDAY
14.88
PEG Ratio
Winner
ALAB
0.30
WDAY
1.36
Debt to Equity
Winner
ALAB
0.00%
WDAY
44.71%
Free Cash Flow Yield
ALAB
0.80%
Winner
WDAY
6.97%
P/S Ratio
ALAB
42.75
Winner
WDAY
4.21
P/B Ratio
ALAB
29.86
Winner
WDAY
5.90

ALAB vs WDAY - Historical Returns

Returns include dividend reinvestment.

1M
ALAB
-21.01%
Winner
WDAY
+21.90%
3M
Winner
ALAB
+59.53%
WDAY
+29.06%
6M
Winner
ALAB
+102.53%
WDAY
+2.41%
1Y
Winner
ALAB
+132.76%
WDAY
-26.68%
5Y(CAGR)
ALAB
N/A
WDAY
-6.85%
10Y(CAGR)
ALAB
N/A
WDAY
+7.24%
Max(CAGR)
Winner
ALAB
+100.05%
WDAY
+9.24%

ALAB vs WDAY - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

YearALABWDAY
2026+78.80%-19.80%
2025+23.57%-14.72%
2024+113.53%-3.82%
2023N/A+63.01%
2022N/A-36.55%
2021N/A+19.77%
2020N/A+43.08%
2019N/A+2.95%
2018N/A+54.43%
2017N/A+48.79%
2016N/A-15.01%
2015N/A-0.91%
2014N/A-0.20%
2013N/A+57.17%
2012N/A+11.93%

ALAB vs WDAY Drawdown Comparison

The maximum drawdown for ALAB was -63.69%, occurring on Apr 4, 2025. Recovery took 151 trading sessions.

The maximum drawdown for WDAY was -63.38%, occurring on Apr 10, 2026. This drawdown has not yet recovered.

The current ALAB drawdown is -33.53%. The current WDAY drawdown is -46.27%.

RankALABWDAY
#1-63.69%
Dec 26, 2024 - Aug 6, 2025
-63.38%
Feb 26, 2024 - Apr 10, 2026
#2-60.19%
Sep 18, 2025 - May 20, 2026
-57.65%
Feb 27, 2014 - Nov 24, 2017
#3-57.56%
Apr 29, 2024 - Nov 5, 2024
-55.92%
Nov 17, 2021 - Feb 9, 2024
#4-48.30%
Jun 30, 2026 - Jul 29, 2026
-49.23%
Jul 11, 2019 - Aug 28, 2020
#5-24.13%
Mar 25, 2024 - Apr 29, 2024
-23.00%
Sep 4, 2018 - Nov 30, 2018
#6-12.94%
Nov 8, 2024 - Nov 21, 2024
-21.37%
Feb 12, 2021 - Oct 25, 2021
#7-12.79%
Jun 3, 2026 - Jun 11, 2026
-17.81%
Aug 28, 2020 - Dec 22, 2020
#8-11.66%
Aug 13, 2025 - Sep 8, 2025
-16.84%
Nov 24, 2017 - Jan 23, 2018
#9-10.90%
Jun 22, 2026 - Jun 29, 2026
-15.35%
Mar 12, 2018 - Aug 15, 2018
#10-8.33%
May 28, 2026 - Jun 2, 2026
-15.30%
Dec 6, 2018 - Jan 18, 2019
#11-7.32%
Dec 13, 2024 - Dec 20, 2024
-15.20%
Oct 17, 2012 - Dec 20, 2012
#12-7.18%
Nov 25, 2024 - Dec 3, 2024
-14.63%
Dec 22, 2020 - Feb 2, 2021
#13-7.06%
Jun 15, 2026 - Jun 18, 2026
-13.14%
Sep 19, 2013 - Dec 31, 2013
#14-3.75%
Nov 6, 2024 - Nov 8, 2024
-12.17%
May 14, 2013 - Jul 30, 2013
#15-3.16%
Dec 9, 2024 - Dec 11, 2024
-10.73%
Jan 28, 2013 - Mar 1, 2013

Correlation

Correlation between ALAB and WDAY is -0.65 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.65
-101

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