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OKTAOkta, Inc.

The forward PE ratio is 42.63 as of Thursday, July 9, 2026.

Forward PE Ratio (42.63) = Close Price ($148.84) / Consensus Forward EPS ($3.44)

OKTA Forward PE Ratio Metrics

FORWARD PE RATIO

42.63

OKTA Competitors' Forward PE Ratio

OKTA

Okta, Inc.

Current

Market Cap

$24.73B

Forward PE Ratio

42.63

VRSN

VeriSign, Inc.

vs OKTA

Market Cap

$24.57B

Forward PE Ratio

27.20

MKSI

MKS Inc.

vs OKTA

Market Cap

$24.91B

Forward PE Ratio

29.87

VRSK

Verisk Analytics, Inc.

vs OKTA

Market Cap

$24.50B

Forward PE Ratio

24.74

FFIV

F5, Inc.

vs OKTA

Market Cap

$24.28B

Forward PE Ratio

25.42

TSEM

Tower Semiconductor Ltd.

vs OKTA

Market Cap

$25.32B

Forward PE Ratio

64.84

TEAM

Atlassian Corporation

vs OKTA

Market Cap

$23.83B

Forward PE Ratio

15.60

ZS

Zscaler, Inc.

vs OKTA

Market Cap

$23.79B

Forward PE Ratio

34.87

ZM

Zoom Communications, Inc.

vs OKTA

Market Cap

$26.36B

Forward PE Ratio

14.65

SPLK

Splunk Inc.

vs OKTA

Market Cap

$26.44B

Forward PE Ratio

N/A

Trailing vs Forward

Trailing P/E

106.4

reported TTM EPS

Forward P/E

42.6

consensus next-FY EPS

The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.44 implies +149.3% EPS growth vs the reported trailing $1.38.

Forward P/E by Fiscal Year

View All Analyst Estimates

At today's $148.84 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.

Fiscal year endConsensus EPSEstimate rangeAnalystsImplied P/E
2027-01-31$3.85$3.78 – $3.882438.7x
2028-01-31$4.26$4.02 – $4.922435.0x
2029-01-31$4.83$4.19 – $5.96530.8x

Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.

Forward PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Forward PE Ratio FAQ

What is the forward PE ratio for Okta, Inc. (OKTA)?
The forward PE ratio for OKTA stock is 42.63.

About Okta, Inc.

Okta, Inc. delivers comprehensive identity management solutions tailored for a diverse clientele, including large corporations, small and medium-sized businesses, educational institutions, charitable organizations, and governmental bodies, operating both within the United States and globally. The company's flagship offering is the Okta Identity Cloud, a robust platform featuring a suite of integrated products and services. These include a Universal Directory, a cloud-based system designed to securely store and manage user, application, and device profiles; Single Sign-On (SSO), enabling seamless access to cloud-based or on-premises applications from multiple devices; and Adaptive Multi-Factor Authentication, which adds an extra layer of security for various applications and data. Further components encompass Lifecycle Management for overseeing a user's digital identity journey, API Access Management for securing interfaces, an Access Gateway to extend cloud capabilities to on-premises applications, and Advanced Server Access for safeguarding cloud infrastructure. Additionally, Okta incorporates Auth0's product portfolio. This includes Universal Login for consistent user authentication experiences across different apps and devices; Attack Protection, a suite of features to counter malicious online activity; Adaptive Multi-Factor Authentication, providing strong security with minimal user inconvenience; and Passwordless authentication, allowing users to log in through diverse methods without traditional passwords. Other Auth0 offerings are Machine to Machine (M2M) authentication and authorization built on industry standards; Private Cloud, for deploying dedicated Auth0 instances; and Organizations, providing independent configurations, login flows, and security settings for different groups. Okta further provides comprehensive customer assistance, educational programs, and specialized professional services. The company distributes its offerings directly via its sales teams and through a network of channel partners. Originally established as Saasure, Inc. in 2009, Okta, Inc. maintains its corporate headquarters in San Francisco, California.

San Francisco, CA
5,914 employees
Technology / Software - Infrastructure
Sector
Technology
Industry
Software - Infrastructure
CEO
Todd McKinnon