Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 49.56.
Forward PE Ratio (49.56) = Close Price ($167.59) / Consensus Forward EPS ($3.44)
FORWARD PE RATIO
49.56
SECTOR MEDIAN · TECHNOLOGY
26.65
median of 155 covered companies
CURRENT VS SECTOR MEDIAN
+85.97%
vs the sector median at left
Okta, Inc.
Market Cap
$27.84B
Forward PE Ratio
49.56
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Okta, Inc. (OKTA) | $27.84B | 49.56 |
| ON Semiconductor Corporation (ON)vs › | $27.67B | 23.25 |
| Teledyne Technologies Incorporated (TDY)vs › | $28.05B | 24.70 |
| Zoom Communications, Inc. (ZM)vs › | $28.28B | 16.98 |
| HP Inc. (HPQ)vs › | $28.51B | 10.02 |
| Fiserv, Inc. (FISV)vs › | $27.12B | 7.31 |
| MongoDB, Inc. (MDB)vs › | $28.63B | N/A |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.99B | 10.42 |
| Corpay, Inc. (CPAY)vs › | $26.61B | 14.86 |
| Zscaler, Inc. (ZS)vs › | $26.19B | 41.17 |
Trailing P/E
102.8
reported TTM EPS
Forward P/E
49.6
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.44 implies +107.2% EPS growth vs the reported trailing $1.66.
At today's $167.59 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 end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2027-01-31 | $3.93 | $3.91 – $3.99 | 25 | 42.7x |
| 2028-01-31 | $4.34 | $4.01 – $5.77 | 24 | 38.6x |
| 2029-01-31 | $4.89 | $3.26 – $6.59 | 8 | 34.3x |
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.
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
