e.l.f. Beauty, Inc. (ELF) is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 28.83, higher than the industry average of 22.65 and the S&P 500's 21.55. This inflated valuation suggests that the market is pricing in high growth expectations, but it also raises questions about whether the company can deliver results that justify such a premium. ELF's Value Score of F adds to these concerns. Image Source: Zacks Investment Research Shares of e.l.f. Beauty have plummeted 45.2% in the past ...