MMYT MakeMyTrip PE ratio, current and historical analysis

As of Apr 2, 2025, the MakeMyTrip stock's price-to-earnings ratio is 47.38. This results from the current EPS of $2.14 and stock price of $101.39. The PE ratio has increased by 8% from the past four quarters average of 43.8.

MMYT PE ratio history

How has MMYT's PE ratio performed in the past

The PE ratio of MakeMyTrip has averaged 85.14 over the last two years. The current price-to-earnings ratio of 47.38 is 44% less than the historical average. In the past two years, MMYT's PE ratio reached its highest point in the Sep 2023 quarter at 162.08, when the stock price was $40.52 and the EPS was $0.25. The lowest point was recorded in the Mar 2024 quarter, when it reached 36.44 with a price of $71.05 and an EPS of $1.95.

Today
47.38
Average
85.14
Median
52.47
Minimum
36.44
Maximum
162.08

MakeMyTrip PE ratio by year

Maximum annual decrease: -33.39% in 2012

Year PE ratio PE change Price EPS
2024 36.44 N/A $71.05 $1.95
2023 N/A N/A $24.47 -$0.1
2022 N/A N/A $26.83 -$0.42
2021 N/A N/A $31.58 -$0.52
2020 N/A N/A $11.96 -$4.26
2019 N/A N/A $27.6 -$1.61
2018 N/A N/A $34.7 -$2.18
2017 N/A N/A $34.6 -$2.09
2016 N/A N/A $18.09 -$2.12
2015 N/A N/A $21.96 -$0.44
2014 N/A N/A $27.08 -$0.55
2013 N/A N/A $13.9 -$0.74
2012 114.85 -33.39% $22.97 $0.2
2011 172.41 N/A $29.31 $0.17
2010 N/A N/A N/A -$0.35

MakeMyTrip PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 52.47 19.69% $112.28 $2.14
Sep 2024 43.84 3.23% $92.95 $2.12
Jun 2024 42.47 16.55% $84.1 $1.98
Mar 2024 36.44 -63.55% $71.05 $1.95
Dec 2023 99.96 -38.33% $46.98 $0.47
Sep 2023 162.08 2.12% $40.52 $0.25
Jun 2023 158.71 N/A $26.98 $0.17
Mar 2023 N/A N/A $24.47 -$0.1
Dec 2022 N/A N/A $27.57 -$0.19
Sep 2022 N/A N/A $30.7 -$0.27
Jun 2022 N/A N/A $25.68 -$0.28
Mar 2022 N/A N/A $26.83 -$0.42
Dec 2021 N/A N/A $27.71 -$0.34
Sep 2021 N/A N/A $27.19 -$0.29
Jun 2021 N/A N/A $30.05 -$0.42

MMYT average PE ratio chart

What is the average PE ratio of MMYT for the past years

Currently, MMYT's PE ratio is lower than the 3, 5 and 10-year averages.

3-year avg
85.14
5-year avg
85.14
10-year avg
85.14
15-year avg
N/A

MMYT PE vs peers

What is MMYT's PE ratio compared to its peers

When compared to its peer TRIP, MMYT's PE ratio is lower, but it is higher than EXPE's and LQDT's.

Stock name PE ratio Market cap
EXPE Expedia Group Inc 17.88 $21.63B
LQDT Liquidity Services Inc 40.08 $982.7M
MMYT MakeMyTrip Ltd 47.38 $11.46B
TRIP TripAdvisor Inc 357.75 $2.01B
CHGG Chegg Inc N/A $65.17M

Frequently asked questions

What is MakeMyTrip's PE ratio?

The price to earnings ratio for MMYT stock as of Apr 2, 2025, stands at 47.38.

What is the 3-year average PE ratio for MakeMyTrip (MMYT)?

As an average over the last 3 years, MMYT stock has a PE ratio of 85.14.

What is the 5-year average PE ratio for MakeMyTrip (MMYT)?

As an average over the last 5 years, MMYT stock has a PE ratio of 85.14.

What is the highest PE ratio for MMYT?

The highest quarterly PE ratio in the last two years has been 162.08 and it was in the Sep 2023 quarter.

How does the current PE ratio for MMYT compare to its historical average?

MMYT's price to earnings ratio is currently 44% below its 2-year historical average.

How is MMYT's PE ratio calculated (MakeMyTrip PE ratio formula)?

You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Apr 2, 2025), MakeMyTrip's stock price is $101.39. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $2.14. Therefore, MakeMyTrip's price to earnings ratio for today is 47.38. PE RATIO(47.38) = STOCK PRICE($101.39) / TTM EPS($2.14)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.