Frequency combs are widely used in fundamental physics and practical applications at various areas. Here we report the realization of an ultralow frequency magnetic comb using a pulse modulated spin maser in the Rb-Xe hybrid gaseous spin system. The magnetic frequency comb has a spectral distribution depending mainly on the pulse duration, the strength and phase shift of the feedback field. A simple theoretical model is given in terms of the spin echo chain and preliminarily agrees with the experimental results. The magnetic frequency comb works in an ultralow frequency range and reaches a frequency resolution down to tens of nanohertz.