Okta (BSP:O1KT34) Cyclically Adjusted Book per Share: R$6.63 (As of Jul. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:O1KT34 Okta Inc BSP:O1KT34
56 GF Score
Price R$48.11
GF Value R$27.16
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Okta Cyclically Adjusted Book per Share?

Okta BSP:O1KT34 -0.19% 56 Cyclically Adjusted Book per Share is R$6.63 as of Jul. 2026. GuruFocus rates BSP:O1KT34 with a GF Score™ of 56/100 and a GF Value™ of R$27.16 (Significantly Overvalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Okta's adjusted book value per share for the three months ended in Jul. 2026 was R$10.598. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$6.63 for the trailing ten years ended in Jul. 2026.

During the past 12 months, Okta's average Cyclically Adjusted Book Growth Rate was 20.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2026-09-17), Okta's current stock price is R$48.11. Okta's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2026 was R$6.63. Okta's Cyclically Adjusted PB Ratio of today is 7.26.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Okta was 7.62. The lowest was 3.01. And the median was 4.66.


Okta  (BSP:O1KT34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Okta's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=48.11/6.628
=7.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Okta was 7.62. The lowest was 3.01. And the median was 4.66.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Okta Cyclically Adjusted Book per Share Related Terms


Okta Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Okta's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Okta Cyclically Adjusted Book per Share Chart

Okta Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 3.76 4.69 6.44

Okta Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.94 6.11 6.25 6.50 6.63

BSP:O1KT34 vs ZS, CPAY, VRSN: Cyclically Adjusted Book per Share Comparison

For the Software - Infrastructure subindustry, Okta's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Okta Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, Okta's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Okta's Cyclically Adjusted PB Ratio falls into.


BSP:O1KT34
56GF Score
Okta Inc BSP:O1KT34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Okta Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Okta's adjusted Book Value per Share data for the three months ended in Jul. 2026 was:

Adj_Book= Book Value per Share /CPI of Jul. 2026 (Change)*Current CPI (Jul. 2026)
=10.598/333.9180*333.9180
=10.598

Current CPI (Jul. 2026) = 333.9180.

Okta Quarterly Data

Book Value per Share CPI Adj_Book
201610 0.000 241.729 0.000
201701 0.000 242.839 0.000
201704 2.076 244.524 2.835
201707 1.410 244.786 1.923
201710 0.651 246.663 0.881
201801 0.447 247.867 0.602
201804 0.499 250.546 0.665
201807 0.476 252.006 0.631
201810 0.461 252.885 0.609
201901 0.455 251.712 0.604
201904 0.455 255.548 0.595
201907 0.443 256.571 0.577
201910 0.712 257.346 0.924
202001 0.760 257.971 0.984
202004 0.963 256.389 1.254
202007 1.487 259.101 1.916
202010 1.618 260.388 2.075
202101 1.543 261.582 1.970
202104 1.481 267.054 1.852
202107 10.546 273.003 12.899
202110 11.363 276.589 13.718
202201 10.508 281.148 12.480
202204 8.989 289.109 10.382
202207 9.336 296.276 10.522
202210 9.288 298.012 10.407
202301 9.035 299.170 10.084
202304 8.928 303.363 9.827
202307 8.559 305.691 9.349
202310 9.143 307.671 9.923
202401 9.101 308.417 9.854
202404 9.588 313.548 10.211
202407 10.674 314.540 11.332
202410 11.084 315.664 11.725
202501 11.293 317.671 11.871
202504 11.121 320.795 11.576
202507 11.225 323.048 11.603
202510 10.953 0.000
202601 10.798 325.252 11.086
202604 10.251 333.020 10.279
202607 10.598 333.918 10.598

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$6.63 mean?
Okta (BSP:O1KT34) has a Cyclically Adjusted Book per Share of R$6.63 as of Jul. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Okta and its competitors.
Is Okta's Cyclically Adjusted Book per Share too high?
Okta's current Cyclically Adjusted Book per Share is R$6.63. Overall, Okta has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okta's Cyclically Adjusted Book per Share compare to ZS and CPAY?
Okta's Cyclically Adjusted Book per Share of R$6.63 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Software company?
A good Cyclically Adjusted Book per Share depends on the Software industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Okta and its competitors. Okta's current Cyclically Adjusted Book per Share is R$6.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okta stock overvalued right now?
Based on GuruFocus' analysis, Okta (BSP:O1KT34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$27.16, compared to a current price of R$48.11 — trading 77.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$6.63. Okta's overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Okta (BSP:O1KT34), the current Cyclically Adjusted Book per Share is R$6.63 as of Jul. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Okta (BSP:O1KT34) Overvalued in 2026?

Based on GuruFocus' analysis, Okta stock appears to be overvalued. The current stock price of R$48.11 is trading 77.1% above its estimated GF Value™ of R$27.16. GuruFocus considers Okta to be Significantly Overvalued.

Key valuation signals for BSP:O1KT34:

  • Cyclically Adjusted Book per Share: R$6.63
  • GF Value™: R$27.16 vs. price of R$48.11 (77.1% above fair value)
  • GF Score™: 56/100 with 7 warning signs

No single metric tells the full story. See the BSP:O1KT34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Okta Business Description

Address 100 First Street, Suite 600, San Francisco, CA, USA, 94105
Okta is a cloud-native security company specializing in identity and access management. The San Francisco-based firm went public in 2017 and serves two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees, contractors, and partners to securely access its cloud-based and on-premises resources. The firm's customer offering, delivered via its Auth0 platform, allow clients to provide secure access experiences to their own end users.
56GF Score

Get the complete analysis for BSP:O1KT34

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$48.11
Price
R$27.16
GF Value