Okta, Inc. Class A Common Stock (OKTA) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

Okta is a cloud-native security company specializing in identity and access management. The San Francisco-based firm went public in 2017 and serves two key client stakeholder groups: workforces and...

Okta, Inc. Class A Common Stock (OKTA) currently trades at a P/E ratio of 122.64 (historical range: 52.99–177.98, median: 94.68), placing it at the 81th percentile — expensive relative to its history, P/S ratio of 10.11 (range: 3.97–10.11, 100th percentile — expensive relative to its history).

Over the historical period (2024-08-30 to 2026-08-28), Okta, Inc. Class A Common Stock's P/E ratio has contracted by 38% over the observed period (from an average of 135.2 to 84.1).

Okta, Inc. Class A Common Stock appears overvalued relative to its own historical valuation range, trading at elevated multiples across most metrics.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio122.6452.9994.68177.9881thexpensive relative to its history
P/S Ratio10.113.975.8710.11100thexpensive relative to its history
FCF Yield0.010.010.030.080thexpensive relative to its history
Current Price: $166.39
Market Cap: $29.1B
Sector: Technology