Stock Analysis on Net

Ulta Beauty Inc. (NASDAQ:ULTA)

This company has been moved to the archive! The financial data has not been updated since August 24, 2023.

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

Microsoft Excel

Historical Valuation Ratios (Summary)

Ulta Beauty Inc., historical price multiples (quarterly data)

Microsoft Excel
Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
Price to earnings (P/E) 16.48 19.20 20.77 20.19 18.98 18.02 20.97 23.92 29.13 37.10 96.85 71.84 44.73 31.48 13.91 19.33 28.40 27.97 31.01 26.64 23.35 24.95 22.31
Price to operating profit (P/OP) 12.66 14.70 15.74 15.35 14.42 13.70 15.93 18.12 22.00 27.94 71.91 54.32 34.39 24.38 10.90 15.08 22.16 21.78 23.91 21.00 17.80 18.29 15.77
Price to sales (P/S) 1.94 2.30 2.53 2.48 2.29 2.17 2.40 2.56 2.77 2.60 2.77 2.61 1.97 2.01 1.33 1.87 2.80 2.78 3.04 2.66 2.31 2.41 2.11
Price to book value (P/BV) 10.14 11.97 13.16 12.51 12.14 11.22 13.46 10.45 11.27 9.75 8.52 8.80 7.12 7.81 5.16 7.30 10.80 9.89 11.22 9.46 8.06 8.27 6.98 8.37 8.30 11.59

Based on: 10-Q (reporting date: 2023-07-29), 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Ulta Beauty Inc. P/E ratio decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Ulta Beauty Inc. P/OP ratio decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Ulta Beauty Inc. P/S ratio decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Ulta Beauty Inc. P/BV ratio decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Price to Earnings (P/E)

Ulta Beauty Inc., historical P/E calculation (quarterly data)

Microsoft Excel
Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
No. shares of common stock outstanding1 49,228,649 49,801,592 50,195,089 50,880,771 51,221,498 51,818,071 52,327,263 54,120,173 54,357,566 54,757,556 56,205,592 56,338,639 56,323,104 56,311,711 56,309,476 57,161,342 58,848,950 58,457,743 58,803,744 59,312,145 59,770,399 60,179,958 60,611,334 60,992,388 61,430,613 62,032,502
Selected Financial Data (US$)
Net income (loss) (in thousands) 300,102 347,051 340,751 274,585 295,677 331,395 289,366 215,289 250,893 230,289 171,494 74,798 8,052 (78,509) 222,719 129,747 161,258 192,221 214,674 131,166 148,323 164,396 208,173 104,645 114,193 128,223
Earnings per share (EPS)2 25.65 25.26 24.75 23.41 22.09 20.98 18.84 16.04 13.38 8.85 3.13 4.03 5.01 7.73 12.54 12.21 11.88 11.74 11.20 10.99 10.47 9.83 9.16 0.00 0.00 0.00
Share price1, 3 422.74 485.12 513.98 472.53 419.25 377.96 395.07 383.64 389.90 328.36 303.00 289.53 223.95 243.31 174.45 236.02 337.45 328.46 347.30 292.92 244.41 245.15 204.38 221.71 221.01 306.72
Valuation Ratio
P/E ratio4 16.48 19.20 20.77 20.19 18.98 18.02 20.97 23.92 29.13 37.10 96.85 71.84 44.73 31.48 13.91 19.33 28.40 27.97 31.01 26.64 23.35 24.95 22.31
Benchmarks
P/E Ratio, Competitors5
Amazon.com Inc. 58.66 65.74 110.16 251.97 93.17 118.45 59.05 48.08 65.12 57.25 65.00 78.20 87.67 120.27 107.95 86.30
Home Depot Inc. 19.99 17.71 17.09 19.37 18.61 17.91 19.94 26.76 22.50 22.81 24.51 23.56 26.04 24.24 17.38 21.68 21.33 18.61 18.87
Lowe’s Cos. Inc. 21.99 18.78 17.65 19.09 15.54 14.78 17.84 20.72 20.32 20.09 22.36 21.14 22.50 21.16 11.96 30.02 33.94 30.97 37.80
TJX Cos. Inc. 25.52 23.28 25.22 27.24 21.73 22.68 22.20 31.03 35.26 53.90 881.78 103.90 92.86 38.61 17.13 22.88 21.70 20.04 21.11

Based on: 10-Q (reporting date: 2023-07-29), 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

1 Data adjusted for splits and stock dividends.

2 Q2 2024 Calculation
EPS = (Net income (loss)Q2 2024 + Net income (loss)Q1 2024 + Net income (loss)Q4 2023 + Net income (loss)Q3 2023) ÷ No. shares of common stock outstanding
= (300,102,000 + 347,051,000 + 340,751,000 + 274,585,000) ÷ 49,228,649 = 25.65

3 Closing price as at the filing date of Ulta Beauty Inc. Quarterly or Annual Report.

4 Q2 2024 Calculation
P/E ratio = Share price ÷ EPS
= 422.74 ÷ 25.65 = 16.48

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Ulta Beauty Inc. P/E ratio decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Price to Operating Profit (P/OP)

Ulta Beauty Inc., historical P/OP calculation (quarterly data)

Microsoft Excel
Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
No. shares of common stock outstanding1 49,228,649 49,801,592 50,195,089 50,880,771 51,221,498 51,818,071 52,327,263 54,120,173 54,357,566 54,757,556 56,205,592 56,338,639 56,323,104 56,311,711 56,309,476 57,161,342 58,848,950 58,457,743 58,803,744 59,312,145 59,770,399 60,179,958 60,611,334 60,992,388 61,430,613 62,032,502
Selected Financial Data (US$)
Operating income (loss) (in thousands) 391,642 442,070 447,618 361,856 391,428 437,708 375,622 284,239 332,307 305,324 224,272 101,277 12,755 (101,484) 287,756 167,780 208,018 237,540 281,210 169,213 193,815 209,842 254,419 162,667 179,800 188,405
Operating profit per share2 33.38 32.99 32.64 30.79 29.07 27.59 24.80 21.18 17.72 11.75 4.21 5.33 6.51 9.98 16.00 15.65 15.23 15.08 14.52 13.95 13.73 13.41 12.96 0.00 0.00 0.00
Share price1, 3 422.74 485.12 513.98 472.53 419.25 377.96 395.07 383.64 389.90 328.36 303.00 289.53 223.95 243.31 174.45 236.02 337.45 328.46 347.30 292.92 244.41 245.15 204.38 221.71 221.01 306.72
Valuation Ratio
P/OP ratio4 12.66 14.70 15.74 15.35 14.42 13.70 15.93 18.12 22.00 27.94 71.91 54.32 34.39 24.38 10.90 15.08 22.16 21.78 23.91 21.00 17.80 18.29 15.77
Benchmarks
P/OP Ratio, Competitors5
Amazon.com Inc. 48.43 50.04 81.28 81.03 86.50 81.33 89.87 64.24 64.48 60.45 56.87 62.96 72.85 76.53 93.97 80.81 68.77
Home Depot Inc. 14.08 12.53 12.16 13.73 13.22 12.76 14.22 19.12 16.06 16.20 17.25 16.72 18.45 17.14 12.33 15.22 15.18 13.28 13.51
Lowe’s Cos. Inc. 13.56 11.78 11.18 12.38 10.76 10.29 12.45 14.46 12.77 12.57 13.52 12.50 15.21 14.04 8.11 18.48 20.49 18.51 21.77
TJX Cos. Inc. 19.79 17.90 18.15 19.26 15.06 14.90 15.32 18.99 21.99 30.54 137.02 74.61 60.02 30.12 12.69 16.79 15.73 14.53 15.31

Based on: 10-Q (reporting date: 2023-07-29), 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

1 Data adjusted for splits and stock dividends.

2 Q2 2024 Calculation
Operating profit per share = (Operating income (loss)Q2 2024 + Operating income (loss)Q1 2024 + Operating income (loss)Q4 2023 + Operating income (loss)Q3 2023) ÷ No. shares of common stock outstanding
= (391,642,000 + 442,070,000 + 447,618,000 + 361,856,000) ÷ 49,228,649 = 33.38

3 Closing price as at the filing date of Ulta Beauty Inc. Quarterly or Annual Report.

4 Q2 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 422.74 ÷ 33.38 = 12.66

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Ulta Beauty Inc. P/OP ratio decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Price to Sales (P/S)

Ulta Beauty Inc., historical P/S calculation (quarterly data)

Microsoft Excel
Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
No. shares of common stock outstanding1 49,228,649 49,801,592 50,195,089 50,880,771 51,221,498 51,818,071 52,327,263 54,120,173 54,357,566 54,757,556 56,205,592 56,338,639 56,323,104 56,311,711 56,309,476 57,161,342 58,848,950 58,457,743 58,803,744 59,312,145 59,770,399 60,179,958 60,611,334 60,992,388 61,430,613 62,032,502
Selected Financial Data (US$)
Net sales (in thousands) 2,529,809 2,634,263 3,226,773 2,338,793 2,297,113 2,345,901 2,729,388 1,995,775 1,967,207 1,938,519 2,198,701 1,552,033 1,228,009 1,173,210 2,305,918 1,682,514 1,666,607 1,743,029 2,124,716 1,560,011 1,488,221 1,543,667 1,937,592 1,342,181 1,289,854 1,314,879
Sales per share2 217.96 210.78 203.38 190.86 182.90 174.42 164.94 149.67 140.85 126.33 109.45 111.10 113.45 121.26 131.38 126.25 120.55 118.31 114.22 110.09 105.60 101.58 97.09 0.00 0.00 0.00
Share price1, 3 422.74 485.12 513.98 472.53 419.25 377.96 395.07 383.64 389.90 328.36 303.00 289.53 223.95 243.31 174.45 236.02 337.45 328.46 347.30 292.92 244.41 245.15 204.38 221.71 221.01 306.72
Valuation Ratio
P/S ratio4 1.94 2.30 2.53 2.48 2.29 2.17 2.40 2.56 2.77 2.60 2.77 2.61 1.97 2.01 1.33 1.87 2.80 2.78 3.04 2.66 2.31 2.41 2.11
Benchmarks
P/S Ratio, Competitors5
Amazon.com Inc. 3.10 2.38 2.68 2.06 2.06 2.10 2.83 2.65 3.41 3.73 3.80 4.17 4.32 4.38 4.93 3.85 3.56
Home Depot Inc. 2.10 1.90 1.86 2.11 2.02 1.94 2.17 2.89 2.37 2.38 2.39 2.34 2.58 2.37 1.77 2.17 2.17 1.91 1.94
Lowe’s Cos. Inc. 1.43 1.25 1.17 1.33 1.37 1.31 1.56 1.79 1.51 1.45 1.46 1.33 1.60 1.31 0.71 1.23 1.20 1.02 1.23
TJX Cos. Inc. 1.98 1.76 1.77 1.88 1.47 1.52 1.50 1.81 2.05 2.15 2.48 2.33 1.96 1.77 1.34 1.76 1.66 1.54 1.66

Based on: 10-Q (reporting date: 2023-07-29), 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

1 Data adjusted for splits and stock dividends.

2 Q2 2024 Calculation
Sales per share = (Net salesQ2 2024 + Net salesQ1 2024 + Net salesQ4 2023 + Net salesQ3 2023) ÷ No. shares of common stock outstanding
= (2,529,809,000 + 2,634,263,000 + 3,226,773,000 + 2,338,793,000) ÷ 49,228,649 = 217.96

3 Closing price as at the filing date of Ulta Beauty Inc. Quarterly or Annual Report.

4 Q2 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 422.74 ÷ 217.96 = 1.94

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Ulta Beauty Inc. P/S ratio decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.

Price to Book Value (P/BV)

Ulta Beauty Inc., historical P/BV calculation (quarterly data)

Microsoft Excel
Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
No. shares of common stock outstanding1 49,228,649 49,801,592 50,195,089 50,880,771 51,221,498 51,818,071 52,327,263 54,120,173 54,357,566 54,757,556 56,205,592 56,338,639 56,323,104 56,311,711 56,309,476 57,161,342 58,848,950 58,457,743 58,803,744 59,312,145 59,770,399 60,179,958 60,611,334 60,992,388 61,430,613 62,032,502
Selected Financial Data (US$)
Stockholders’ equity (in thousands) 2,051,877 2,018,068 1,959,811 1,922,255 1,769,068 1,745,620 1,535,373 1,986,800 1,879,813 1,844,717 1,999,549 1,854,437 1,770,793 1,753,959 1,902,094 1,847,156 1,839,451 1,941,568 1,820,218 1,835,736 1,812,478 1,783,433 1,774,217 1,616,051 1,635,350 1,641,657
Book value per share (BVPS)2 41.68 40.52 39.04 37.78 34.54 33.69 29.34 36.71 34.58 33.69 35.58 32.92 31.44 31.15 33.78 32.31 31.26 33.21 30.95 30.95 30.32 29.63 29.27 26.50 26.62 26.46
Share price1, 3 422.74 485.12 513.98 472.53 419.25 377.96 395.07 383.64 389.90 328.36 303.00 289.53 223.95 243.31 174.45 236.02 337.45 328.46 347.30 292.92 244.41 245.15 204.38 221.71 221.01 306.72
Valuation Ratio
P/BV ratio4 10.14 11.97 13.16 12.51 12.14 11.22 13.46 10.45 11.27 9.75 8.52 8.80 7.12 7.81 5.16 7.30 10.80 9.89 11.22 9.46 8.06 8.27 6.98 8.37 8.30 11.59
Benchmarks
P/BV Ratio, Competitors5
Amazon.com Inc. 8.84 7.21 8.54 7.00 7.25 7.67 10.46 9.44 11.60 14.19 14.68 16.93 17.86 18.40 21.50 17.47 16.11 15.45 18.11 19.84
Home Depot Inc. 243.07 819.13 187.12 255.09 1,325.66 412.02 165.73 192.67 95.58 191.69 144.66 114.03 127.78
Lowe’s Cos. Inc. 307.81 90.79 27.86 29.56 56.37 25.96 36.00 32.50 22.70 24.01 13.54 15.37 13.85
TJX Cos. Inc. 15.38 13.78 13.86 16.35 13.53 13.52 12.14 12.85 13.82 13.27 13.68 13.99 14.17 13.72 9.42 12.92 12.53 11.88 12.79 11.07 13.06 10.74

Based on: 10-Q (reporting date: 2023-07-29), 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

1 Data adjusted for splits and stock dividends.

2 Q2 2024 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= 2,051,877,000 ÷ 49,228,649 = 41.68

3 Closing price as at the filing date of Ulta Beauty Inc. Quarterly or Annual Report.

4 Q2 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 422.74 ÷ 41.68 = 10.14

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Ulta Beauty Inc. P/BV ratio decreased from Q4 2023 to Q1 2024 and from Q1 2024 to Q2 2024.