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Ulta Beauty (Ulta Beauty) Cyclically Adjusted PS Ratio : 2.92 (As of Apr. 29, 2024)


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What is Ulta Beauty Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Ulta Beauty's current share price is $404.94. Ulta Beauty's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $138.50. Ulta Beauty's Cyclically Adjusted PS Ratio for today is 2.92.

The historical rank and industry rank for Ulta Beauty's Cyclically Adjusted PS Ratio or its related term are showing as below:

ULTA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.15   Med: 4.35   Max: 6.94
Current: 2.93

During the past years, Ulta Beauty's highest Cyclically Adjusted PS Ratio was 6.94. The lowest was 2.15. And the median was 4.35.

ULTA's Cyclically Adjusted PS Ratio is ranked worse than
91.1% of 753 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs ULTA: 2.93

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Ulta Beauty's adjusted revenue per share data for the three months ended in Jan. 2024 was $72.765. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $138.50 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ulta Beauty Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ulta Beauty's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ulta Beauty Cyclically Adjusted PS Ratio Chart

Ulta Beauty Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.88 3.58 3.77 4.35 3.62

Ulta Beauty Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.35 4.45 3.45 2.86 3.62

Competitive Comparison of Ulta Beauty's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Ulta Beauty's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ulta Beauty's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ulta Beauty's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ulta Beauty's Cyclically Adjusted PS Ratio falls into.



Ulta Beauty Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Ulta Beauty's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=404.94/138.5
=2.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ulta Beauty's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Ulta Beauty's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=72.765/129.4194*129.4194
=72.765

Current CPI (Jan. 2024) = 129.4194.

Ulta Beauty Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 11.048 100.023 14.295
201407 11.360 100.520 14.626
201410 11.519 100.176 14.882
201501 16.208 98.604 21.273
201504 13.448 99.824 17.435
201507 13.616 100.691 17.501
201510 14.186 100.346 18.296
201601 19.832 99.957 25.677
201604 16.953 100.947 21.735
201607 17.022 101.524 21.699
201610 18.044 101.988 22.897
201701 25.246 102.456 31.890
201704 21.006 103.167 26.351
201707 20.678 103.278 25.912
201710 21.778 104.070 27.083
201801 31.605 104.578 39.113
201804 25.344 105.708 31.029
201807 24.650 106.324 30.004
201810 25.973 106.695 31.505
201901 35.753 106.200 43.570
201904 29.546 107.818 35.465
201907 28.515 108.250 34.091
201910 29.128 108.577 34.719
202001 40.291 108.841 47.909
202004 20.795 108.173 24.879
202007 21.736 109.318 25.733
202010 27.447 109.861 32.333
202101 38.805 110.364 45.505
202104 34.510 112.673 39.639
202107 35.758 115.183 40.178
202110 36.513 116.696 40.494
202201 50.994 118.619 55.637
202204 44.614 121.978 47.336
202207 44.260 125.002 45.824
202210 45.486 125.734 46.819
202301 63.188 126.223 64.788
202304 52.196 127.992 52.778
202307 50.749 128.974 50.924
202310 50.561 129.810 50.409
202401 72.765 129.419 72.765

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Ulta Beauty  (NAS:ULTA) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Ulta Beauty Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Ulta Beauty's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ulta Beauty (Ulta Beauty) Business Description

Address
1000 Remington Boulevard, Suite 120, Bolingbrook, IL, USA, 60440
With 1,355 stores at the end of fiscal 2022 and a partnership with Target, Ulta Beauty is the largest specialized beauty retailer in the U.S. The firm offers makeup (42% of 2022 sales), fragrances, skin care, and hair care products (21% of 2022 sales), and bath and body items. Ulta offers private-label products and merchandise from more than 500 vendors. It also offers salon services, including hair, makeup, skin, and brow services, in all stores. Most Ulta stores are approximately 10,000 square feet and are in suburban strip centers. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
Executives
Lorna Nagler director 2400 XENIUM LANE NORTH, PLYMOUTH MN 55441
Jodi J Caro officer: GC and Corporate Secretary 130 EAST RANDOLPH STREET, CHICAGO IL 60601
Catherine Ann Halligan director 243 CASELLI AVENUE, SAN FRANCISCO CA 94114
Mrkonic George R Jr director C/O BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Kelly E Garcia director 30 FRANK LLOYD WRIGH DR, ANN ARBOR MI 48105
Heidi G Petz director 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Gisel Ruiz director C/O VITAL FARMS, INC., 3601 SOUTH CONGRESS AVENUE, SUITE C100, AUSTIN TX 78704
Mike C. Smith director STITCH FIX, INC., ONE MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104
Michael R Macdonald director 810 DSW DRIVE, COLUMBUS OH 43219
Patricia A Little director 999 W BIG BEAVER ROAD, TROY MI 48084
Michelle L Collins director C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60503
Anita Jane Ryan officer: Chief Human Resources Officer 1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
David C Kimbell director, officer: Chief Executive Officer 8410 W. BRYN MAWR, CHICAGO IL 60631
Scott M Settersten officer: Chief Financial Officer 1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
Kecia Steelman officer: Chief Operating Officer 1000 REMINGTON BLVD SUITE 120, BOLINGBROOK IL 60440

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