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MMYT MakeMyTrip PE ratio, current and historical analysis

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  2. Consumer Cyclical
  3. NASDAQ: MMYT
  4. PE Ratio

As of Jul 25, 2024, the MakeMyTrip stock's price-to-earnings ratio is 45.23. This results from the current EPS of $1.98 and stock price of $89.55. The PE ratio has decreased by 47% from the past four quarters average of 85.2.

MMYT PE ratio history

How has MMYT's PE ratio performed in the past

The PE ratio of MakeMyTrip has averaged 99.93 over the last two years. The current price-to-earnings ratio of 45.23 is 55% 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.

Average
99.93
Median
99.96
Minimum
36.44
Maximum
162.08

MakeMyTrip PE ratio by year

Year PE ratio Change
2024 36.44 N/A
2023 N/A N/A
2022 N/A N/A
2021 N/A N/A
2020 N/A N/A
2019 N/A N/A
2018 N/A N/A
2017 N/A N/A
2016 N/A N/A
2015 N/A N/A

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
99.93
5-year avg
99.93
10-year avg
99.93
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 22.47 $16.71B
CHGG Chegg Inc 27 $358.78M
LQDT Liquidity Services Inc 33.22 $678.54M
MMYT MakeMyTrip Ltd 46.6 $10.34B
TRIP TripAdvisor Inc 105.41 $2.5B

Frequently asked questions

What is MakeMyTrip's PE ratio?

The price to earnings ratio for MMYT stock as of Jul 25, 2024, stands at 45.23.

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 99.93.

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 99.93.

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 55% 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 (Jul 25, 2024), MakeMyTrip's stock price is $89.55. The earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.98. Therefore, MakeMyTrip's price to earnings ratio for today is 45.23. PE RATIO(45.23) = STOCK PRICE($89.55) / TTM EPS($1.98)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.