OKTA
Okta
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: OKTA
- PE Ratio
The current P/E ratio for Okta stock as of Jul 24, 2026 is 99.64. This is calculated based on the TTM EPS of $1.39 and the stock price of $138.5 per share. The PE ratio has increased by 32% from its last 4 quarters average of 75.2.
OKTA PE ratio history
The average historical PE ratio of Okta for the last two years is 172.89. The current price-to-earnings ratio of 99.64 is 42% less than the historical average. Analyzing the last two years, OKTA's PE ratio reached its highest point in the Jan 2025 quarter at 588.88, when the price was $94.22 and the EPS was $0.16. The lowest point was recorded in the Apr 2026 quarter, when it reached 52.99 with a price of $73.65 and an EPS of $1.39.
Okta PE ratio by year
Maximum annual decrease: -89.21% in 2026
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2026 | 63.52 | -89.21% | $84.48 | $1.33 |
| 2025 | 588.88 | N/A | $94.22 | $0.16 |
| 2024 | N/A | N/A | $82.65 | -$2.17 |
| 2023 | N/A | N/A | $73.61 | -$5.16 |
| 2022 | N/A | N/A | $197.89 | -$5.73 |
| 2021 | N/A | N/A | $259.01 | -$2.09 |
| 2020 | N/A | N/A | $128.05 | -$1.78 |
| 2019 | N/A | N/A | $82.43 | -$1.17 |
| 2018 | N/A | N/A | $29.45 | -$1.32 |
| 2017 | N/A | N/A | N/A | -$3.94 |
| 2016 | N/A | N/A | N/A | -$4.28 |
| 2015 | N/A | N/A | N/A | -$3.67 |
Okta PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Apr 2026 | 52.99 | -16.58% | $73.65 | $1.39 |
| Jan 2026 | 63.52 | -22.97% | $84.48 | $1.33 |
| Oct 2025 | 82.46 | -19.06% | $91.53 | $1.11 |
| Jul 2025 | 101.88 | -30.97% | $97.8 | $0.96 |
| Apr 2025 | 147.58 | -74.94% | $112.16 | $0.76 |
| Jan 2025 | 588.88 | N/A | $94.22 | $0.16 |
| Oct 2024 | N/A | N/A | $71.89 | -$0.23 |
| Jul 2024 | N/A | N/A | $93.94 | -$0.81 |
| Apr 2024 | N/A | N/A | $92.98 | -$1.67 |
| Jan 2024 | N/A | N/A | $82.65 | -$2.17 |
| Oct 2023 | N/A | N/A | $67.41 | -$2.86 |
| Jul 2023 | N/A | N/A | $76.86 | -$3.69 |
| Apr 2023 | N/A | N/A | $68.53 | -$4.35 |
| Jan 2023 | N/A | N/A | $73.61 | -$5.16 |
| Oct 2022 | N/A | N/A | $56.12 | -$5.78 |
OKTA Price vs fair value
OKTA average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
OKTA's current PE ratio is under its 3 and 5-year averages.
PE comparison
Okta's price to earnings (P/E) of 99.64 is higher than the Technology sector and the industry average. Looking at the Technology sector average of 35.37, Okta's price to earnings (P/E) is 182% higher.
Frequently asked questions
What is Okta's PE ratio?
The price to earnings ratio for OKTA stock is 99.64 as of Jul 24, 2026.
What is the 3-year average PE ratio for Okta (OKTA)?
The 3-year average PE ratio for OKTA stock is 172.89.
What is the 5-year average PE ratio for Okta (OKTA)?
The 5-year average PE ratio for OKTA stock is 172.89.
What is the highest PE ratio for OKTA?
The highest quarterly PE ratio in the last two years has been 588.88 and it was in the Jan 2025 quarter.
How does the current PE ratio for OKTA compare to its historical average?
The current PE ratio of OKTA is 42% lower than the 2-year historical average.
Why is Okta's PE ratio so high?
OKTA's PE ratio of 99.64 is considered high because the company's stock price is trading at a higher multiple of earnings.
How is OKTA's PE ratio calculated (Okta PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jul 24, 2026), Okta's share price is $138.5. The company's earnings per share for the trailing twelve months (TTM) ending Apr 2026 is $1.39. Therefore, Okta's price to earnings ratio for today is 99.64. PE RATIO(99.64) = STOCK PRICE($138.5) / TTM EPS($1.39)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.