Ulta Beauty (FRA:34U) Book Value per Share: €51.03 (As of Apr. 2026)


FRA:34U Ulta Beauty Inc FRA:34U
94 GF Score
Price €401.00
GF Value €478.11
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ulta Beauty Book Value per Share?

Ulta Beauty FRA:34U +1.31% 94 Book Value per Share is €51.03 as of Apr. 2026. GuruFocus rates FRA:34U with a GF Score™ of 94/100 and a GF Value™ of €478.11 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Ulta Beauty's book value per share for the quarter that ended in Apr. 2026 was €51.03.

During the past 12 months, Ulta Beauty's average Book Value Per Share Growth Rate was 10.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ulta Beauty was 34.70% per year. The lowest was -1.90% per year. And the median was 17.30% per year.

Ulta Beauty's current price is €401.00. Its book value per share for the quarter that ended in Apr. 2026 was €51.03. Hence, today's PB Ratio of Ulta Beauty is 7.86.

During the past 13 years, the highest P/B Ratio of Ulta Beauty was 14.17. The lowest was 4.41. And the median was 9.38.

Good Sign:

Ulta Beauty Inc stock PB Ratio (=7.86) is close to 1-year low of 7.64.


Ulta Beauty  (FRA:34U) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Ulta Beauty Book Value per Share Related Terms


Ulta Beauty Book Value per Share Historical Data

* Premium members only.

The historical data trend for Ulta Beauty's Book Value per Share 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.

Ulta Beauty Book Value per Share Chart

Ulta Beauty Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.95 36.11 43.30 52.30 54.02

Ulta Beauty Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Book Value per Share 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 48.02 49.73 50.82 54.02 51.03

FRA:34U vs DKS, BBY, TSCO: Book Value per Share Comparison

For the Specialty Retail subindustry, Ulta Beauty's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio vs Retail - Cyclical Industry

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

* The bar in red indicates where Ulta Beauty's PB Ratio falls into.


FRA:34U
94GF Score
Ulta Beauty Inc FRA:34U
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Ulta Beauty Book Value per Share Calculation

Ulta Beauty's Book Value Per Share for the fiscal year that ended in Jan. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,386-0)/44
=54.02

Ulta Beauty's Book Value Per Share for the quarter that ended in Apr. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,207-0)/43
=51.03

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of €51.03 mean?
Ulta Beauty (FRA:34U) has a Book Value per Share of €51.03 as of Apr. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Ulta Beauty and its competitors.
Is Ulta Beauty's Book Value per Share too high?
Ulta Beauty's current Book Value per Share is €51.03. Overall, Ulta Beauty has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ulta Beauty's Book Value per Share compare to DKS and BBY?
Ulta Beauty's Book Value per Share of €51.03 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Retail - Cyclical company?
A good Book Value per Share depends on the Retail - Cyclical industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Ulta Beauty and its competitors. Ulta Beauty's current Book Value per Share is €51.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulta Beauty stock overvalued right now?
Based on GuruFocus' analysis, Ulta Beauty (FRA:34U) is currently considered Modestly Undervalued. The stock's GF Value™ is €478.11, compared to a current price of €401.00 — trading 16.1% below its estimated fair value. The current Book Value per Share is €51.03. Ulta Beauty's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Ulta Beauty (FRA:34U), the current Book Value per Share is €51.03 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ulta Beauty (FRA:34U) Overvalued in 2026?

Based on GuruFocus' analysis, Ulta Beauty stock appears to be undervalued. The current stock price of €401.00 is trading 16.1% below its estimated GF Value™ of €478.11. GuruFocus considers Ulta Beauty to be Modestly Undervalued.

Key valuation signals for FRA:34U:

  • Book Value per Share: €51.03
  • GF Value™: €478.11 vs. price of €401.00 (16.1% below fair value)
  • GF Score™: 94/100 with 2 warning signs

No single metric tells the full story. See the FRA:34U stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ulta Beauty Business Description

Address 1000 Remington Boulevard, Suite 120, Bolingbrook, IL, USA, 60440
Ulta Beauty is the largest specialized beauty retailer in the US with more than 1,500 freestanding stores. The firm offers cosmetics (38% of 2025 sales), fragrances (13%), skin care (24%), and hair care products (19%). It also has salon services, including hair, makeup, skin, and brow, that account for 4% of its revenue and drive customer traffic. Outside of the US, Ulta operates premium beauty retailer Space NK (86 stores at year-end 2025 in the UK and Ireland) and has franchised stores in Mexico, and a joint venture in the Middle East. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
94GF Score

Get the complete analysis for FRA:34U

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€401.00
Price
€478.11
GF Value