Ulta BeautyFRA:34U +5.21%96 Median PS Value is €611.91 as of Jun. 26, 2026, which is 100% below its 10-year median of 0.83. GuruFocus rates FRA:34U with a GF Score™ of 96/100 and a GF Value™ of €487.50 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 643 Retail - Cyclical companies, Ulta Beauty ranks better than 69.21% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Ulta Beauty's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was €243.711. Ulta Beauty's 10-Year median PS Ratio is 2.5108. Therefore, the Median PS Value for today is €611.91.
As of today (2026-06-26), Ulta Beauty's share price is €424.40. Ulta Beauty's Median PS Value is €611.91. Therefore, Ulta Beauty's Price to Median PS Value for today is 0.69.
The historical rank and industry rank for Ulta Beauty's Median PS Value or its related term are showing as below:
FRA:34U'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.59 Med: 0.83 Max: 1.35
Current: 0.69
During the past 13 years, the highest Price to Median PS Value of Ulta Beauty was 1.35. The lowest was 0.59. And the median was 0.83.
FRA:34U's Price-to-Median-PS-Value is ranked better than 69.21% of 643
companies
in the Retail - Cyclical industry
Industry Median: 0.9
vs FRA:34U: 0.69
Ulta Beauty (FRA:34U) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Ulta Beauty's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
424.40
/
611.91
=
0.69
* 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 Median PS Value Related Terms
Ulta Beauty Median PS Value Historical Data
* Premium members only.
The historical data trend for Ulta Beauty's Median PS Value 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.
FRA:34U vs WSM, DKS, TSCO: Median PS Value Comparison
For the Specialty Retail subindustry, Ulta Beauty's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Ulta Beauty's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Ulta Beauty's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 2.5108.
Ulta Beauty's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €243.711.
* 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 (FRA:34U) has a Median PS Value of €611.91 as of Jun. 26, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Ulta Beauty and its competitors. This is 73624% above median its historical median of 0.83. Over the past decade, Ulta Beauty's Median PS Value has ranged from 0.59 to 1.35. According to the industry distribution chart, Ulta Beauty ranks #198 out of 643 companies in the Retail - Cyclical industry, placing it in the top 30.8%.
Is Ulta Beauty's Median PS Value too high?
Ulta Beauty's current Median PS Value of €611.91 is 73624% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 1.35. Based on the distribution chart, Ulta Beauty ranks #198 out of 643 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Ulta Beauty has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ulta Beauty's Median PS Value compare to WSM and DKS?
According to the Retail - Cyclical industry distribution chart, Ulta Beauty ranks #198 out of 643 companies for Median PS Value. This puts Ulta Beauty in the upper half of its industry. The industry median Median PS Value is 0.90. Historically, Ulta Beauty's own Median PS Value has ranged from 0.59 to 1.35 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Retail - Cyclical company?
The median Median PS Value among Retail - Cyclical companies is 0.90, based on 643 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Ulta Beauty and its competitors. For the Retail - Cyclical industry, the median Median PS Value is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ulta Beauty's current Median PS Value is €611.91, which is 73624% above median its own 10-year median of 0.83. 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 €487.50, compared to a current price of €424.40 — trading 12.9% below its estimated fair value. The current Median PS Value is €611.91, which is 73624% above median its 10-year median of 0.83. Ulta Beauty's overall GF Score™ is 96/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Ulta Beauty (FRA:34U), the current Median PS Value is €611.91 as of Jun. 26, 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 €424.40 is trading 12.9% below its estimated GF Value™ of €487.50.
GuruFocus considers Ulta Beauty to be Modestly Undervalued.
Key valuation signals for FRA:34U:
Median PS Value: €611.91 (73624% above median its 10-year median of 0.83)
GF Value™: €487.50 vs. price of €424.40 (12.9% below fair value)
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 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.
96GF Score
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