UL Solutions Inc. (ULS) Valuation
Historical valuation analysis based on 500 data points (2024-09-27 to 2026-09-25)
UL Solutions is a global leader specializing in a broad range of product testing, inspection, and certification services. UL Solutions is the for-profit branch out of three organizations under the...
UL Solutions Inc. (ULS) currently trades at a P/E ratio of 38.50 (historical range: 30.30–63.37, median: 43.50), placing it at the 18th percentile — cheap relative to its history, P/S ratio of 4.34 (range: 3.44–7.11, 19th percentile — cheap relative to its history), EV/EBITDA of 24.63 (range: 22.23–48.11, 12th percentile).
Over the historical period (2024-09-27 to 2026-09-25), UL Solutions Inc.'s P/E ratio has expanded by 25% over the observed period (from an average of 39.4 to 49.1).
UL Solutions Inc. trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Min | Median | Max | Percentile | Assessment |
|---|---|---|---|---|---|---|
| P/E Ratio | 38.50 | 30.30 | 43.50 | 63.37 | 18th | cheap relative to its history |
| P/S Ratio | 4.34 | 3.44 | 4.96 | 7.11 | 19th | cheap relative to its history |
| EV/EBITDA | 24.63 | 22.23 | 30.62 | 48.11 | 12th | cheap relative to its history |
| FCF Yield | 3.34% | 1.32% | 2.48% | 3.45% | 99th | cheap relative to its history |
UL Solutions Inc. (ULS) Valuation & P/E History
UL Solutions Inc. (ULS) is a US-listed stock operating in the Other sector, specifically the Services-Testing Laboratories industry currently trading at $66.05 with a market capitalization of $13.3 billion. This page provides historical valuation analysis for ULS based on 500 data points covering 2024-09-27 to 2026-09-25. The P/E ratio of 38.50 is below the historical median of 43.50, placing ULS at the 18th percentile of its valuation range. The P/S ratio of 4.34 compares to a median of 4.96.
ULS Valuation Metrics & Historical Range
The valuation table above shows UL Solutions Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether ULS is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests ULS is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for UL Solutions Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is ULS Overvalued or Undervalued?
UL Solutions Inc. trades well below its historical valuation range across most metrics. The overall valuation percentile of 16 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive ULS is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full ULS analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.ULS trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.