MakeMyTrip Limited
MMYT
Rank in Stocks
#3858
MakeMyTrip Limited operates as a prominent online travel platform, offering a... MakeMyTrip Limited operates as a prominent online travel platform, offering a wide array of travel products and solutions across an extensive global footprint, including India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. Its operations are strategically divided into three key segments: Air Ticketing, Hotels and Packages, and Bus Ticketing. The company provides a comprehensive suite of services, encompassing airline reservations, hotel accommodations, complete travel packages, train and bus tickets, and car rentals. Beyond these core offerings, it also addresses supplementary travel needs such as visa assistance and arranging travel insurance. Travelers can seamlessly research, plan, reserve, and purchase these services and products through MakeMyTrip's diverse digital and traditional channels. These include its popular web portals like makemytrip.com, goibibo.com, redbus.in, makemytrip.com.sg, and makemytrip.ae, alongside its mobile application, dedicated call centers, physical travel stores, and an expansive network of travel agents. As of March 31, 2022, MakeMyTrip further extended its reach with approximately 125 franchisee-owned travel outlets. The company caters to a broad clientele, serving both individual vacationers and business clients. Established in 2000, MakeMyTrip Limited maintains its headquarters in Gurugram, India.
Share Price
$45.85
Last synced: 2026-10-20
Market Cap
$4.31B
Change (1 day)
2.98%
Change (1 year)
-49.10%
Country
IN
Trade MakeMyTrip Limited (MMYT)
Category
Consumer Cyclical
P/E ratio for MakeMyTrip Limited (MMYT)
P/E ratio as of October 2026 TTM: 123.59
According to MakeMyTrip Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 123.59. At the end of 2024 the company had a P/E ratio of 36.59.
P/E ratio history for MakeMyTrip Limited from 2008 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 123.59 | 6.53% |
| 2025 | 116.01 | 217.09% |
| 2024 | 36.59 | -115.23% |
| 2023 | -240.27 | 277.46% |
| 2022 | -63.65 | 5.77% |
| 2021 | -60.18 | 2,043.19% |
| 2020 | -2.81 | -83.57% |
| 2019 | -17.09 | 14.99% |
| 2018 | -14.86 | -10.05% |
| 2017 | -16.52 | 93.81% |
| 2016 | -8.53 | -82.92% |
| 2015 | -49.91 | 1.98% |
| 2014 | -48.94 | 163.00% |
| 2013 | -18.61 | -115.57% |
| 2012 | 119.54 | -30.48% |
| 2011 | 171.95 | -330.27% |
| 2010 | -74.67 | -30.32% |
| 2009 | -107.16 | 183.70% |
| 2008 | -37.77 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| 37.80 | -69.42% |
US
|
|
| 16.86 | -86.36% |
US
|
|
| 27.26 | -77.94% |
BM
|
|
| - | - |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.