As of Jan 4, 2025, Okta's P/E ratio was 27.4, a -167.17% change from the -40.79 P/E ratio recorded in the previous year.

The Okta P/E history

Okta Aktienanalyse

What does Okta do?

Okta Inc. is an American company specializing in identity and access management. The company was founded in 2009 by Todd McKinnon and Frederic Kerrest and is based in San Francisco. Okta offers a cloud-based platform that allows businesses to manage access to applications and services. The platform is used by over 10,000 companies worldwide, including major corporations such as Adobe, Delta Airlines, and LinkedIn. Okta's founders recognized the increasing importance of identity management in the IT world while working at Salesforce.com and founded Okta in response. They combined their extensive experience in cloud technology and IT security to create a reliable and efficient solution for businesses to manage access to applications and services. Okta offers various divisions, including the Okta Identity Cloud, which provides comprehensive solutions for identity and access management, as well as an app integration area and a developer platform. The company also offers specialized products such as Okta Adaptive MFA, Okta Advanced Server Access, and Okta Customer Identity Management. Okta has experienced significant growth in recent years as more companies recognize the benefits of cloud-based identity management. It has differentiated itself from competitors such as Microsoft and Google by offering a robust and reliable platform that seamlessly integrates with cloud applications. Answer: Okta Inc. is an American company specializing in identity and access management. It was founded in 2009 and is based in San Francisco. Okta offers a cloud-based platform for businesses to manage access to applications and services. The platform is used by over 10,000 companies, including Adobe, Delta Airlines, and LinkedIn. Okta's founders were inspired to start the company while working at Salesforce.com and realizing the growing importance of identity management. They combined their expertise in cloud technology and IT security to create a reliable solution for businesses. Okta offers divisions such as the Okta Identity Cloud, app integration, and developer platform. It also has specialized products for account protection and customer identity management. Okta has experienced significant growth by providing a seamless integration with cloud applications. Okta ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Okta's P/E Ratio

The Price to Earnings (P/E) Ratio of Okta is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Okta's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Okta is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Okta’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Okta stock

What is the price-to-earnings ratio of Okta?

The price-earnings ratio of Okta is currently 27.4.

How has the price-earnings ratio of Okta changed compared to last year?

The price-to-earnings ratio of Okta has increased by -167.17% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Okta high compared to other companies?

Yes, the price-to-earnings ratio of Okta is high compared to other companies.

How does an increase in the price-earnings ratio of Okta affect the company?

An increase in the price-earnings ratio of Okta would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Okta affect the company?

A decrease in the price-earnings ratio of Okta would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Okta?

Some factors that influence the price-earnings ratio of Okta are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Okta pay?

Over the past 12 months, Okta paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Okta is expected to pay a dividend of 0 USD.

What is the dividend yield of Okta?

The current dividend yield of Okta is .

When does Okta pay dividends?

Okta pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Okta?

Okta paid dividends every year for the past 0 years.

What is the dividend of Okta?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Okta located?

Okta is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Okta kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Okta from 1/4/2025 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 1/4/2025.

When did Okta pay the last dividend?

The last dividend was paid out on 1/4/2025.

What was the dividend of Okta in the year 2024?

In the year 2024, Okta distributed 0 USD as dividends.

In which currency does Okta pay out the dividend?

The dividends of Okta are distributed in USD.

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Andere Kennzahlen von Okta

Our stock analysis for Okta Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Okta Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.