P/E Ratio
Higher than 69% of Technology sector peers
Updated 646h ago
Sector Performance
69th percentileOKTA
56.5x
Sector Median
37.0x
Sector Avg
113.0x
Deep Analysis
Okta, Inc. (OKTA) has a P/E Ratio of 56.5x as of June 2026.
This places OKTA in the 69th percentile of the Technology sector, which has a median P/E Ratio of 37.0x and a sector average of 113.0x. OKTA's P/E Ratio is 52.7% above the sector median, a significant divergence that warrants closer examination. In context: Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
Frequently Asked Questions
What does the P/E Ratio tell investors about OKTA?
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
How is the P/E Ratio calculated?
P/E Ratio is calculated as: Price / EPS.
How does OKTA's P/E Ratio compare to its sector?
OKTA's P/E Ratio of 56.5x compares to a Technology sector median of 37.0x, placing it in the 69th percentile.
Who are OKTA's closest peers by P/E Ratio?
The closest Technology peers by P/E Ratio include: LIF (20.9x), DELL (18.9x), UBER (18.2x), CRM (17.3x), WEX (16.3x).
The Formula
Price / EPS
Why It Matters
Measures how much investors pay per dollar of earnings. A high P/E signals growth expectations; a low P/E may indicate undervaluation or slow growth.
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56.5x
Sector Median
37.0x
Sector Avg
113.0x
How OKTA's P/E Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.