Okta, Inc. (OKTA) fundamentals: P/E, valuation, undervalued?
Okta, Inc. · Information Technology · ref. ETF XLK · price $172.91
In short — Okta, Inc. trades at 97.1× earnings (P/E), 39.5× forward, with a net margin of 8.2 % and revenue growth of +11 %. Read: Fairly valued (P/E 40 in line with ~21% growth (PEG 1.9)).
Is Okta, Inc. stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$172.91+86.7% over range
Aug 28, 25low $62.93 · high $172.91Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
82% recommend buying · 28 analysts
Valuation : Fairly valued — P/E 40 in line with ~21% growth (PEG 1.9)
Valuation
97.1
P/E (price/earnings)
39.5
Forward P/E
4.58
PEG
4.4
Price/book (P/B)
$30.2B
Market cap
1.78
EPS
Profitability & growth
8.2 %
Net margin
+11 %
Revenue growth
+21 %
Earnings growth
$411M
Total debt
Okta, Inc. income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2023 | $1.9B | $-815M | -43.9 % |
| 2024 | $2.3B | $-355M | -15.7 % |
| 2025 | $2.6B | $28M | 1.1 % |
| 2026 | $2.9B | $235M | 8.1 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Okta, Inc.'s P/E and is the stock undervalued? What's a good P/E?
Okta, Inc.'s P/E is 97.1 (forward 39.5). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Fairly valued".
Is Okta, Inc. profitable?
Okta, Inc. has a net margin of 8.2 % (EPS 1.78). The company is profitable.
Is OKTA stock expensive?
Our read: "Fairly valued" — P/E 40 in line with ~21% growth (PEG 1.9). Cross-check with growth and sector.
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