Ulta Beauty (ULTA) fundamentals: P/E, valuation, undervalued?
Ulta Beauty · Consumer Discretionary · ref. ETF XLY · price $579
In short — Ulta Beauty trades at 21.0× earnings (P/E), 18.0× forward, with a net margin of 9.3 % and revenue growth of +9 %. Read: Fairly valued (P/E 18 in line with ~13% growth (PEG 1.4)).
Is Ulta Beauty stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.
📈 1-year price
$579+7.0% over range
Oct 14, 25low $450.75 · high $706.82Oct 13, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
78% recommend buying · 18 analysts
Valuation : Fairly valued — P/E 18 in line with ~13% growth (PEG 1.4)
Valuation
21.0
P/E (price/earnings)
18.0
Forward P/E
1.58
PEG
9.4
Price/book (P/B)
$24.8B
Market cap
27.58
EPS
Profitability & growth
9.3 %
Net margin
+9 %
Revenue growth
+13 %
Earnings growth
$2.5B
Total debt
Ulta Beauty income statement
| Fiscal year | Revenue | Net income | Margin |
|---|---|---|---|
| 2023 | $10.2B | $1.2B | 12.2 % |
| 2024 | $11.2B | $1.3B | 11.5 % |
| 2025 | $11.3B | $1.2B | 10.6 % |
| 2026 | $12.4B | $1.2B | 9.3 % |
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.
Frequently asked questions
What is Ulta Beauty's P/E and is the stock undervalued? What's a good P/E?
Ulta Beauty's P/E is 21.0 (forward 18.0). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Fairly valued".
Is Ulta Beauty profitable?
Ulta Beauty has a net margin of 9.3 % (EPS 27.58). The company is profitable.
Is ULTA stock expensive?
Our read: "Fairly valued" — P/E 18 in line with ~13% growth (PEG 1.4). Cross-check with growth and sector.
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