Is the price fair?
What OKTA's price assumes
Okta, Inc. trades at 121× earnings against 31.4× for the median Software - Infrastructure name, more expensive than its own group.
121
Trailing P/E · Software - Infrastructure median 31.4 · 3.87× the median: the market pays up for this one
- Price / sales
- 4.37
Price / sales · as of 2026-Q2
- Free cash flow yield
- 4.4%
Free cash flow yield · Software - Infrastructure median 5.1%
- Growth the price implies
- +7.5%
Growth the price implies · The price pays for +7.5% free cash flow growth a year for a decade; the business has delivered +69% a year over the last three.
Details›
- Price / book2026-Q2
- 1.90
- Technology median P/E365 names
- 36.5
- Software - Infrastructure median P/E81 names
- 31.4
- Free cash flow, trailing twelve months
- $911M
- Market capitalisation
- $20.9B
- 3-year revenue growth
- +15%
- 3-year free cash flow growth
- +69%
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.
Software - Infrastructure
Ranks #28 of 64 by Smart Score