Ulta Beauty Inc. ULTA

545.20 (3.58) (0.65%) as of 25 Sep
Market cap
$23.5B
P/E
19.8×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Ulta Beauty Inc. (ULTA) P/B ratio

As of 25 September 2026, Ulta Beauty Inc. (ULTA) trades at a P/B ratio of 8.9×. Over the past ten years it has ranged from 3.9× (March 2020) to 15.3× (April 2022); the current reading is higher than 46% of that period. That is above the Specialty Retail industry median of 1.7× and above the Consumer Cyclical sector median of 1.6×.

P/B ratio, daily

Annual

Period P/B ratio Change
FY2026 10.6× 36.16%
FY2025 7.8× (28.00%)
FY2024 10.9× (19.44%)
FY2023 13.5× 4.44%
FY2022 12.9× 62.29%
FY2021 8.0× (2.38%)
FY2020 8.1× (15.14%)
FY2019 9.6× 24.59%
FY2018 7.7× (29.83%)
FY2017 11.0× 38.32%

Quarterly

Period P/B ratio Change
Jul 2026 8.3× (8.61%)
Apr 2026 9.1× (14.36%)
Jan 2026 10.6× 20.54%
Oct 2025 8.8× (0.67%)
43 more quarters

Against its own ten years

Low 3.9× High 15.3×
Ten-year median 9.0×
Current reading's percentile 46

P/B ratio against peers

Company P/B ratio
GME GameStop Corp. compare 1.7×
DKS DICK'S Sporting Goods, Inc. compare 2.1×
FIVE Five Below, Inc. compare 5.0×
CASY Casey's General Stores, Inc. compare 5.4×
BBY Best Buy Co., Inc. compare 6.0×
TSCO Tractor Supply Company compare 6.4×
ULTA Ulta Beauty Inc. 8.9×
MUSA Murphy USA Inc. compare 12.1×
WSM Williams-Sonoma, Inc. compare 12.7×
Specialty Retail industry median 1.7×
Consumer Cyclical sector median 1.6×
Market median 1.8×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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