Okta (FRA:0OK) Cyclically Adjusted Book per Share: €18.50 (As of Apr. 2026)


FRA:0OK Okta Inc FRA:0OK
73 GF Score
Price €126.62
GF Value €90.49
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Okta Cyclically Adjusted Book per Share?

Okta FRA:0OK +1.85% 73 Cyclically Adjusted Book per Share is €18.50 as of Apr. 2026. GuruFocus rates FRA:0OK with a GF Score™ of 73/100 and a GF Value™ of €90.49 (Significantly Overvalued). The stock has 6 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 Apr. 2026 was €33.640. 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 €18.50 for the trailing ten years ended in Apr. 2026.

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 (2026-07-06), Okta's current stock price is €126.62. Okta's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was €18.50. Okta's Cyclically Adjusted PB Ratio of today is 6.84.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Okta was 6.46. The lowest was 3.01. And the median was 4.53.


Okta  (FRA:0OK) 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
=126.62/18.50
=6.84

* 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 6.46. The lowest was 3.01. And the median was 4.53.


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 0.00 0.00 17.61

Okta Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 16.21 17.05 17.61 18.50

FRA:0OK vs CPAY, ZS, FFIV: 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.


FRA:0OK
73GF Score
Okta Inc FRA:0OK
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 Apr. 2026 was:

Adj_Book= Book Value per Share /CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=33.64/333.0200*333.0200
=33.640

Current CPI (Apr. 2026) = 333.0200.

Okta Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.000 240.628 0.000
201610 -2.319 241.729 -3.195
201701 -2.523 242.839 -3.460
201704 1.626 244.524 2.214
201707 1.388 244.786 1.888
201710 1.313 246.663 1.773
201801 1.572 247.867 2.112
201804 1.910 250.546 2.539
201807 1.925 252.006 2.544
201810 1.928 252.885 2.539
201901 1.971 251.712 2.608
201904 1.867 255.548 2.433
201907 1.916 256.571 2.487
201910 2.973 257.346 3.847
202001 2.978 257.971 3.844
202004 3.050 256.389 3.962
202007 4.654 259.101 5.982
202010 4.468 260.388 5.714
202101 4.350 261.582 5.538
202104 4.305 267.054 5.368
202107 33.081 273.003 40.354
202110 33.183 276.589 39.953
202201 33.429 281.148 39.597
202204 32.130 289.109 37.010
202207 33.749 296.276 37.935
202210 34.275 298.012 38.301
202301 31.446 299.170 35.004
202304 31.088 303.363 34.127
202307 31.081 305.691 33.860
202310 32.822 307.671 35.526
202401 32.342 308.417 34.922
202404 32.985 313.548 35.033
202407 33.293 314.540 35.249
202410 33.564 315.664 35.409
202501 35.670 317.671 37.393
202504 33.384 320.795 34.656
202507 32.838 323.048 33.852
202510 33.409 0.000
202601 33.583 325.252 34.385
202604 33.640 333.020 33.640

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 €18.50 mean?
Okta (FRA:0OK) has a Cyclically Adjusted Book per Share of €18.50 as of Apr. 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 €18.50. Overall, Okta has a GF Score™ of 73/100 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 CPAY and ZS?
Okta's Cyclically Adjusted Book per Share of €18.50 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 €18.50. 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 (FRA:0OK) is currently considered Significantly Overvalued. The stock's GF Value™ is €90.49, compared to a current price of €126.62 — trading 39.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is €18.50. Okta's overall GF Score™ is 73/100 with 6 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 (FRA:0OK), the current Cyclically Adjusted Book per Share is €18.50 as of Apr. 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 (FRA:0OK) Overvalued in 2026?

Based on GuruFocus' analysis, Okta stock appears to be overvalued. The current stock price of €126.62 is trading 39.9% above its estimated GF Value™ of €90.49. GuruFocus considers Okta to be Significantly Overvalued.

Key valuation signals for FRA:0OK:

  • Cyclically Adjusted Book per Share: €18.50
  • GF Value™: €90.49 vs. price of €126.62 (39.9% above fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the FRA:0OK 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.
73GF Score

Get the complete analysis for FRA:0OK

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

€126.62
Price
€90.49
GF Value