Question 1

What is Okta's P/S ratio?

Accepted Answer

Okta (OKTA) P/S ratio is 7.0× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Okta?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Okta specifically, the relevant sector benchmark is the current sector median of 5.7×.

Question 5

Is Okta's P/S ratio high or low?

Accepted Answer

Okta's P/S ratio of 7.0× is below its own 5-year average of 10.2× and above the sector median of 5.7×. That places the current reading at the 64th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Okta's historical P/S ratio range?

Accepted Answer

In the available daily series, Okta (OKTA) P/S ratio has ranged from a low of 3.9× in 2026 to a high of 41.5× in 2021. The 5-year average is 10.2× and the 5-year median is 6.2×.

Question 7

What was Okta's P/S ratio in 2026?

Accepted Answer

Okta (OKTA) P/S ratio at the end of 2026 was 5.1×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Okta's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2026	$14.98B	$2.92B	5.1×	-1.1×	Jan 31, 2026
2025	$16.20B	$2.61B	6.2×	+0.1×	Jan 31, 2025
2024	$13.72B	$2.26B	6.1×	-0.3×	Jan 31, 2024
2023	$11.78B	$1.86B	6.3×	-17.2×	Jan 31, 2023
2022	$30.62B	$1.30B	23.5×	-17.9×	Jan 31, 2022
2021	$34.66B	$835.42M	41.5×	+14.9×	Jan 31, 2021
2020	$15.57B	$586.07M	26.6×	+3.8×	Jan 31, 2020
2019	$9.09B	$399.25M	22.8×	+11.2×	Jan 31, 2019
2018	$2.97B	$257.25M	11.6×	-1.7×	Jan 31, 2018
2017	$2.13B	$160.33M	13.3×	—	Jan 31, 2017


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P/S Ratio for Okta (OKTA)

P/S Ratio daily chart for Okta (OKTA)

Historical P/S Ratio for Okta (OKTA) from 2017 to 2026

About P/S Ratio at Okta (OKTA)

Okta P/S Ratio by Year

Okta P/S Ratio 2026: 5.1×

Okta P/S Ratio 2025: 6.2×

Okta P/S Ratio 2024: 6.1×

Okta P/S Ratio 2023: 6.3×

Okta P/S Ratio 2022: 23.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Okta (OKTA) Key Financials

P/S Ratio daily chart for Okta (OKTA)

Historical P/S Ratio for Okta (OKTA) from 2017 to 2026

About P/S Ratio at Okta (OKTA)

Okta P/S Ratio by Year

Okta P/S Ratio 2026: 5.1×

Okta P/S Ratio 2025: 6.2×

Okta P/S Ratio 2024: 6.1×

Okta P/S Ratio 2023: 6.3×

Okta P/S Ratio 2022: 23.5×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Okta's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for Okta?

+Is Okta's P/S ratio high or low?

+What is Okta's historical P/S ratio range?

+What was Okta's P/S ratio in 2026?

+Why does Okta's P/S ratio change over time?

Okta (OKTA) Key Financials