As of May 10, 2024, the MakeMyTrip stock's price-to-earnings ratio is 159.57. This results from the current EPS of $0.47 and stock price of $75.
Year | PE ratio | Change |
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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 |
2014 | N/A | N/A |
When compared to its peer stocks EXPE and TRIP, MMYT's PE ratio is higher.
Stock name | PE ratio | Market cap |
---|---|---|
EXPE Expedia Group Inc | 20.15 | $14.98B |
LQDT Liquidity Services Inc | 27.76 | $566.97M |
CHGG Chegg Inc | 36 | $478.38M |
TRIP TripAdvisor Inc | 106.94 | $2.53B |
MMYT MakeMyTrip Ltd | 159.57 | $8.33B |
The price to earnings ratio for MMYT stock as of May 10, 2024, stands at 159.57.
MMYT's PE ratio is high because the stock price is relatively expensive compared to the earnings generated by the company.
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 (May 10, 2024), MakeMyTrip's stock price is $75. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.47. Therefore, MakeMyTrip's price to earnings ratio for today is 159.57. PE RATIO(159.57) = STOCK PRICE($75) / TTM EPS($0.47)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.