MakeMyTrip Limited (MMYT) — Available-Data Snapshot
Updated Nov 10, 2026 · available-data snapshot · descriptive, not a DCF, not advice
We don't publish a discounted-cash-flow fair value for MakeMyTrip Limited (MMYT) because the free data sources we rely on don't expose the multi-year financials a DCF needs — common for small or thinly-covered listings. Rather than invent numbers, this page shows an honest snapshot of what the public data does support: the current price and size, any relative valuation multiples that exist, a book-value view, and a price-based read. Treat it as a descriptive starting point, not a valuation and not investment advice.
On the numbers we do have, MMYT trades at a recent price of $51.86, a market capitalisation of about $4,877,882,368, sitting 35% of the way up its 52-week range ($32.67–$86.94), on the NasdaqGS.
The standard alternative to a DCF is relative valuation — comparing MMYT's trading multiples against a sector benchmark. Here that gives P/E of 192.1× (richer than the peer median of 22.3×); Fwd P/E of 21.7× (cheaper than the peer median of 24.5×); P/S of 4.6× (richer than the peer median of 3.6×); EV/EBITDA of 31.7× (richer than the peer median of 16.7×). A cheaper multiple than peers can flag a discount or a market that expects weaker growth; it is a comparison, not a recommendation.
Finally, a price-based read — explicitly not a valuation. MMYT is in a mixed trend, trading -40.3% from its 52-week high. Over the past year the stock is -33.3%. Moving-average trend and 52-week position describe where the stock has traded; they say nothing about what it is worth.
Relative valuation — MMYT vs peers
| Multiple | MMYT | Peer median | |
|---|---|---|---|
| P/E | 192.1× | 22.3× | richer than |
| Fwd P/E | 21.7× | 24.5× | cheaper than |
| P/S | 4.6× | 3.6× | richer than |
| EV/EBITDA | 31.7× | 16.7× | richer than |
Sector benchmark (bellwethers, not direct competitors).
Asset / book-value view
We are not showing a price-to-book for this listing: the book value we have does not belong to the same share class as the price, so any ratio of the two would be arithmetic rather than a valuation.
Price-based snapshot
Price-based, not a valuation. Moving-average trend and 52-week position describe where the stock has traded — they say nothing about fair value.
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Most undervalued stocks (per our valuation) · All valued stocks · Interactive MMYT viewA descriptive, available-data snapshot and relative comparison — NOT a DCF, NOT a price target, and NOT investment advice. TickerWorth is an educational tool, not a licensed investment adviser. Figures are estimates derived from public market data and can be wrong, stale or incomplete.