Okta, Inc. (OKTA)

Services-Prepackaged Software

Latest Price

$209.11

TTM P/E

125.97

Normalized P/E

Div Yield

Book Value

39.80

P/B Ratio

5.25

Valuation metrics

EPS: $1.31

Book value / share: $39.04

Formula: √(22.5 × EPS × BVPS)

Graham Number

$33.92

84% downside

Base FCF: $504M (median of recent 5yr)

Growth: 21%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$178.51

15% downside

EPS: $1.31

Target P/E: 15×

Formula: EPS × P/E

P/E Fair Value

$19.65

91% downside

98.5% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	18.70M	$2.55B	10.73%	-342.1K	2026-06-30
FMR LLC	16.27M	$2.22B	9.34%	+4.93M	2026-06-30
Vanguard Portfolio Management LLC	8.95M	$1.22B	5.13%	-282.1K	2026-06-30
Vanguard Capital Management LLC	7.59M	$1.04B	4.36%	+6.5K	2026-06-30
State Street Corp	6.27M	$856.0M	3.60%	+164.9K	2026-06-30
First Trust Advisors LP	4.50M	$613.0M	2.58%	+303.3K	2026-06-30
Citadel Advisors LLC	4.04M	$551.0M	2.32%	-258.8K	2026-06-30
Allspring Global Investments Holdings, LLC	3.63M	$510.0M	2.08%	+80.7K	2026-06-30
Morgan Stanley	3.44M	$469.0M	1.97%	+1.59M	2026-06-30
Geode Capital Management, LLC	3.27M	$445.0M	1.88%	-114.9K	2026-06-30