ULTAUlta Beauty

$543.35

Is the price fair?

What ULTA's price assumes

Ulta Beauty trades at 20.4× earnings against 19.9× for the median Specialty Retail name, more expensive than its own group.

20.4

Trailing P/E · Specialty Retail median 19.9 · 1.02× the median: the market pays up for this one

Price / sales
1.84

Price / sales · as of 2026-Q2

Free cash flow yield
5.8%

Free cash flow yield · Specialty Retail median 4.7%

Growth the price implies
+3.8%

Growth the price implies · The price pays for +3.8% free cash flow growth a year for a decade; the business has delivered +3.8% a year over the last three.

Details
Price / book2026-Q2
9.06
Consumer Cyclical median P/E263 names
22.0
Specialty Retail median P/E18 names
19.9
Free cash flow, trailing twelve months
$1.13B
Market capitalisation
$19.6B
3-year revenue growth
+6.6%
3-year free cash flow growth
+3.8%
What the market has paid for these earnings: 37 quarters of its own multiple × $26.65 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$511.77
Its own P/E history, median$660.48
Its own P/E history, upper quartile$740.25
52-week range$450.75 – $706.82
Today$543.35

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.