Historical Valuation
MakeMyTrip Ltd (MMYT) is now in the Fair zone, suggesting that its current forward PS ratio of 6.48 is considered Fairly compared with the five-year average of 139.25. The fair price of MakeMyTrip Ltd (MMYT) is between 53.29 to 103.13 according to relative valuation methord.
Relative Value
Fair Zone
53.29-103.13
Current Price：82.51
Fair
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
MakeMyTrip Ltd (MMYT) has a current Price-to-Book (P/B) ratio of 314.57. Compared to its 3-year average P/B ratio of 49.09 , the current P/B ratio is approximately 540.87% higher. Relative to its 5-year average P/B ratio of 30.68, the current P/B ratio is about 925.38% higher. MakeMyTrip Ltd (MMYT) has a Forward Free Cash Flow (FCF) yield of approximately 2.10%. Compared to its 3-year average FCF yield of 1.46%, the current FCF yield is approximately 43.56% lower. Relative to its 5-year average FCF yield of 1.15% , the current FCF yield is about 82.27% lower.
P/B
Median3y
49.09
Median5y
30.68
FCF Yield
Median3y
1.46
Median5y
1.15
Competitors Valuation Multiple
AI Analysis for MMYT
The average P/S ratio for MMYT competitors is 3.36, providing a benchmark for relative valuation. MakeMyTrip Ltd Corp (MMYT.O) exhibits a P/S ratio of 6.48, which is 92.81% above the industry average. Given its robust revenue growth of 8.70%, this premium appears unsustainable.
Performance Decomposition
AI Analysis for MMYT
1Y
3Y
5Y
Market capitalization of MMYT increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of MMYT in the past 1 year is driven by Unknown.
People Also Watch
Frequently Asked Questions
Is MMYT currently overvalued or undervalued?
MakeMyTrip Ltd (MMYT) is now in the Fair zone, suggesting that its current forward PS ratio of 6.48 is considered Fairly compared with the five-year average of 139.25. The fair price of MakeMyTrip Ltd (MMYT) is between 53.29 to 103.13 according to relative valuation methord.
What is MakeMyTrip Ltd (MMYT) fair value?
MMYT's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of MakeMyTrip Ltd (MMYT) is between 53.29 to 103.13 according to relative valuation methord.
How does MMYT's valuation metrics compare to the industry average?
The average P/S ratio for MMYT's competitors is 3.36, providing a benchmark for relative valuation. MakeMyTrip Ltd Corp (MMYT) exhibits a P/S ratio of 6.48, which is 92.81% above the industry average. Given its robust revenue growth of 8.70%, this premium appears unsustainable.
What is the current P/B ratio for MakeMyTrip Ltd (MMYT) as of Jan 09 2026?
As of Jan 09 2026, MakeMyTrip Ltd (MMYT) has a P/B ratio of 314.57. This indicates that the market values MMYT at 314.57 times its book value.
What is the current FCF Yield for MakeMyTrip Ltd (MMYT) as of Jan 09 2026?
As of Jan 09 2026, MakeMyTrip Ltd (MMYT) has a FCF Yield of 2.10%. This means that for every dollar of MakeMyTrip Ltd’s market capitalization, the company generates 2.10 cents in free cash flow.
What is the current Forward P/E ratio for MakeMyTrip Ltd (MMYT) as of Jan 09 2026?
As of Jan 09 2026, MakeMyTrip Ltd (MMYT) has a Forward P/E ratio of 105.62. This means the market is willing to pay $105.62 for every dollar of MakeMyTrip Ltd’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for MakeMyTrip Ltd (MMYT) as of Jan 09 2026?
As of Jan 09 2026, MakeMyTrip Ltd (MMYT) has a Forward P/S ratio of 6.48. This means the market is valuing MMYT at $6.48 for every dollar of expected revenue over the next 12 months.