MakeMyTrip Limited
MMYT Consumer Cyclical Travel Services
MakeMyTrip Limited’s revenue for fiscal 2026 (year ended March 2026) was $1.0 billion, up 6.71% from fiscal 2025. In the quarter to June 2026, revenue grew 6.22%, EPS fell 60.9%, free cash flow fell 36.2% and total debt rose 5.59%, each against the same quarter a year earlier. Revenue growth for five consecutive years.
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MakeMyTrip Limited (MMYT) P/E ratio
As of 16 October 2026, MakeMyTrip Limited (MMYT) trades at a P/E ratio of 133×. Over the past ten years it has ranged from 0.0× (June 2023) to 256× (September 2023); the current reading is higher than 92% of that period. That is above the Travel Services industry median of 17.3× and above the Consumer Cyclical sector median of 17.3×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2026 | 76.1× | (33.99%) |
| FY2025 | 115× | 214.85% |
| FY2024 | 36.6× | — |
| FY2023 | 0.0× | — |
| FY2022 | 0.0× | — |
| FY2021 | 0.0× | — |
| FY2020 | 0.0× | — |
| FY2019 | 0.0× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 152× | 100.07% |
| Mar 2026 | 76.1× | (53.66%) |
| Dec 2025 | 164× | 17.56% |
| Sep 2025 | 140× | 26.85% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| LIND Lindblad Expeditions compare | n/m |
| TCOM Trip.com Group Limited Sponsored ADR compare | 7.7× |
| NCLH Norwegian Cruise Line Holdings Ltd. compare | 9.0× |
| CCL Carnival Corporation compare | 11.2× |
| TNL Travel + Leisure Co. compare | 17.2× |
| EXPE Expedia Group, Inc. compare | 17.3× |
| PRSU Pursuit Attractions and Hospitality, Inc. compare | 40.8× |
| MMYT MakeMyTrip Limited | 133× |
| TRIP TripAdvisor, Inc. compare | 233× |
| Travel Services industry median | 17.3× |
| Consumer Cyclical sector median | 17.3× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)