OKTA PE Ratio & Valuation,Is OKTA Overvalued

OKTA Relative Valuation

OKTA's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, OKTA is overvalued; if below, it's undervalued.

Historical Valuation

Okta Inc (OKTA) is now in the Fair zone, suggesting that its current forward PS ratio of 4.78 is considered Fairly compared with the five-year average of -188.93. The fair price of Okta Inc (OKTA) is between 47.62 to 310.02 according to relative valuation methord.

Relative Value

Fair Zone

47.62-310.02

Current Price：93.93

Fair

23.64

15.36

EV/EBITDA

Okta Inc. (OKTA) has a current EV/EBITDA of 15.36. The 5-year average EV/EBITDA is -191.57. The thresholds are as follows: Strongly Undervalued below -1307.01, Undervalued between -1307.01 and -749.29, Fairly Valued between 366.16 and -749.29, Overvalued between 366.16 and 923.88, and Strongly Overvalued above 923.88. The current Forward EV/EBITDA of 15.36 falls within the Historic Trend Line -Fairly Valued range.

16.00

EV/EBIT

Okta Inc. (OKTA) has a current EV/EBIT of 16.00. The 5-year average EV/EBIT is -104.78. The thresholds are as follows: Strongly Undervalued below -797.56, Undervalued between -797.56 and -451.17, Fairly Valued between 241.61 and -451.17, Overvalued between 241.61 and 588.00, and Strongly Overvalued above 588.00. The current Forward EV/EBIT of 16.00 falls within the Historic Trend Line -Fairly Valued range.

4.78

Okta Inc. (OKTA) has a current PS of 4.78. The 5-year average PS is 10.33. The thresholds are as follows: Strongly Undervalued below -6.33, Undervalued between -6.33 and 2.00, Fairly Valued between 18.67 and 2.00, Overvalued between 18.67 and 27.00, and Strongly Overvalued above 27.00. The current Forward PS of 4.78 falls within the Historic Trend Line -Fairly Valued range.

16.91

P/OCF

Okta Inc. (OKTA) has a current P/OCF of 16.91. The 5-year average P/OCF is 506.85. The thresholds are as follows: Strongly Undervalued below -2946.08, Undervalued between -2946.08 and -1219.61, Fairly Valued between 2233.32 and -1219.61, Overvalued between 2233.32 and 3959.79, and Strongly Overvalued above 3959.79. The current Forward P/OCF of 16.91 falls within the Historic Trend Line -Fairly Valued range.

17.22

P/FCF

Okta Inc. (OKTA) has a current P/FCF of 17.22. The 5-year average P/FCF is 56.14. The thresholds are as follows: Strongly Undervalued below -860.53, Undervalued between -860.53 and -402.19, Fairly Valued between 514.48 and -402.19, Overvalued between 514.48 and 972.82, and Strongly Overvalued above 972.82. The current Forward P/FCF of 17.22 falls within the Historic Trend Line -Fairly Valued range.

Okta Inc (OKTA) has a current Price-to-Book (P/B) ratio of 2.15. Compared to its 3-year average P/B ratio of 2.41 , the current P/B ratio is approximately -10.95% higher. Relative to its 5-year average P/B ratio of 7.92, the current P/B ratio is about -72.83% higher. Okta Inc (OKTA) has a Forward Free Cash Flow (FCF) yield of approximately 6.10%. Compared to its 3-year average FCF yield of 3.45%, the current FCF yield is approximately 77.01% lower. Relative to its 5-year average FCF yield of 2.18% , the current FCF yield is about 179.38% lower.

2.15

P/B

Median3y

2.41

Median5y

7.92

6.10

FCF Yield

Median3y

3.45

Median5y

2.18

Competitors Valuation Multiple

The average P/S ratio for OKTA's competitors is 3.58, providing a benchmark for relative valuation. Okta Inc Corp (OKTA) exhibits a P/S ratio of 4.78, which is 33.5% above the industry average. Given its robust revenue growth of 11.58%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

Revenue Growth

Market Cap

Performance Decomposition

Market capitalization of OKTA decreased by 0.40% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 2.41 to 5.80.

The secondary factor is the Revenue Growth, contributed 11.58%to the performance.

Overall, the performance of OKTA in the past 1 year is driven by Margin Expansion. Which is more sustainable.

11.58%

665.00M → 742.00M

Revenue Growth

140.66%

2.41 → 5.80

Margin Expansion

-152.64%

-147.79 → 77.80

P/E Change

-0.40%

94.22 → 93.84

Mkt Cap Growth

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Frequently Asked Questions

Is Okta Inc (OKTA) currently overvalued or undervalued?

What is Okta Inc (OKTA) fair value?

OKTA's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Okta Inc (OKTA) is between 47.62 to 310.02 according to relative valuation methord.

How does OKTA's valuation metrics compare to the industry average?

The average P/S ratio for OKTA's competitors is 3.58, providing a benchmark for relative valuation. Okta Inc Corp (OKTA) exhibits a P/S ratio of 4.78, which is 33.50% above the industry average. Given its robust revenue growth of 11.58%, this premium appears unsustainable.

What is the current P/B ratio for Okta Inc (OKTA) as of Jan 09 2026?

As of Jan 09 2026, Okta Inc (OKTA) has a P/B ratio of 2.15. This indicates that the market values OKTA at 2.15 times its book value.

What is the current FCF Yield for Okta Inc (OKTA) as of Jan 09 2026?

As of Jan 09 2026, Okta Inc (OKTA) has a FCF Yield of 6.10%. This means that for every dollar of Okta Inc’s market capitalization, the company generates 6.10 cents in free cash flow.

What is the current Forward P/E ratio for Okta Inc (OKTA) as of Jan 09 2026?

As of Jan 09 2026, Okta Inc (OKTA) has a Forward P/E ratio of 23.64. This means the market is willing to pay $23.64 for every dollar of Okta Inc’s expected earnings over the next 12 months.

What is the current Forward P/S ratio for Okta Inc (OKTA) as of Jan 09 2026?

As of Jan 09 2026, Okta Inc (OKTA) has a Forward P/S ratio of 4.78. This means the market is valuing OKTA at $4.78 for every dollar of expected revenue over the next 12 months.

OKTA Valuation