Ulta Beauty, Inc. Common Stock (ULTA) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

Ulta Beauty is the largest specialized beauty retailer in the US with more than 1,500 freestanding stores. The firm offers cosmetics (38% of 2025 sales), fragrances (13%), skin care (24%), and hair...

Ulta Beauty, Inc. Common Stock (ULTA) currently trades at a P/E ratio of 19.79 (historical range: 12.40–26.72, median: 18.16), placing it at the 72th percentile — above its historical average, P/S ratio of 1.85 (range: 1.31–2.65, 53th percentile — near its historical average), EV/EBITDA of 52.31 (range: 14.69–55.26, 98th percentile).

Over the historical period (2024-08-30 to 2026-08-28), Ulta Beauty, Inc. Common Stock's P/E ratio has expanded by 29% over the observed period (from an average of 16.1 to 20.7).

Ulta Beauty, Inc. Common Stock appears slightly overvalued relative to its historical range, with most valuation metrics above their median levels.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio19.7912.4018.1626.7272thabove its historical average
P/S Ratio1.851.311.832.6553thnear its historical average
EV/EBITDA52.3114.6927.3155.2698thexpensive relative to its history
FCF Yield0.010.000.010.0651thnear its historical average
Current Price: $545.66
Market Cap: $23.3B
Sector: Consumer Cyclical