- ISIN
- MU0295S00016
- CUSIP
- 0295S0001
- Sector
- Consumer Cyclical
- Industry
- Travel Services
- IPO Date
- Aug 12, 2010
Highlights
- Market Cap
- $4.82B
- Enterprise Value
- $5.81B
- EPS (TTM)
- $0.49
- PE Ratio
- 93.22
- PEG Ratio
- 0.47
- Total Revenue (TTM)
- $1.04B
- Gross Profit (TTM)
- $725.37M
- EBITDA (TTM)
- $204.47M
- Year Range
- $32.67 - $104.99
- Target Price
- $91.00
- ROA (TTM)
- 2.95%
- ROE (TTM)
- -76.44%
Share Price Chart
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Performance
MMYT Performance Chart
MakeMyTrip Limited (MMYT) is down 43.9% since the beginning of the year. At $46 per share, MMYT is trading 56.1% below its 52-week high of $105. Investors who bought $1,000 worth of MMYT shares 5 years ago would now be looking at an investment worth $1,441.
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Returns By Period
MakeMyTrip Limited (MMYT) has returned -43.87% so far this year and -49.71% over the past 12 months. Over the last ten years, MMYT has returned 12.44% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
MakeMyTrip Limited
- 1D
- -1.35%
- 1M
- 7.81%
- YTD
- -43.87%
- 6M
- -46.58%
- 1Y
- -49.71%
- 3Y*
- 19.44%
- 5Y*
- 7.58%
- 10Y*
- 12.44%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MMYT Monthly Returns History
Based on dividend-adjusted daily data since Aug 12, 2010, MMYT's average daily return is +0.08%, while the average monthly return is +1.38%. At this rate, an investment would double in approximately 4.2 years.
Historically, 49% of months were positive and 51% were negative. The best month was Aug 2010 with a return of +54.6%, while the worst month was Mar 2020 at -48.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 7 months.
On a daily basis, MMYT closed higher 49% of trading days. The best single day was Oct 18, 2016 with a return of +44.4%, while the worst single day was Nov 15, 2010 at -26.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -24.04% | -9.47% | -33.96% | 26.60% | -1.00% | -1.39% | -43.87% | ||||||
| 2025 | -2.68% | -11.91% | 1.80% | 6.97% | -3.04% | -3.55% | -4.52% | 5.51% | -5.22% | -14.53% | -10.76% | 15.03% | -26.86% |
| 2024 | 17.90% | 11.37% | 15.17% | -6.81% | 14.17% | 11.26% | 11.28% | 2.76% | -3.35% | 9.19% | 13.06% | -2.14% | 139.00% |
| 2023 | 5.11% | -10.56% | -5.59% | -4.21% | 11.22% | 3.49% | 6.63% | 37.85% | 2.17% | -4.42% | 9.04% | 11.25% | 70.40% |
| 2022 | -3.68% | 5.21% | -4.45% | -5.07% | 8.60% | -7.16% | 24.61% | 4.22% | -7.95% | -9.35% | 6.68% | -7.14% | -0.51% |
| 2021 | -3.39% | 17.60% | -5.87% | -13.17% | 0.29% | 9.27% | -5.29% | -9.28% | 5.31% | 16.48% | -23.11% | 13.80% | -6.16% |
Benchmark Metrics
MakeMyTrip Limited has an annualized alpha of 4.62%, beta of 1.06, and R2 of 0.11 versus S&P 500 Index. Calculated based on daily prices since August 12, 2010.
- This stock participated in 90.35% of S&P 500 Index downside but only 60.52% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.11 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.62%
- Beta
- 1.06
- R²
- 0.11
- Upside Capture
- 60.52%
- Downside Capture
- 90.35%
Return for Risk
Risk / Return Rank
MMYT ranks 8 for risk / return — in the bottom 8% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for MakeMyTrip Limited (MMYT) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MMYT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.04 | ||
| Sortino ratioReturn per unit of downside risk | -4.23 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.37 | -0.55 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 2.78 | -3.55 |
| Martin ratioReturn relative to average drawdown | -1.36 | 12.44 | -13.79 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the MakeMyTrip Limited. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the MakeMyTrip Limited was 73.45%, occurring on Mar 18, 2020. Recovery took 897 trading sessions.
The current MakeMyTrip Limited drawdown is 61.74%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -73.45%Mar 2020 | 1y 9mo | 3y 6mo | 5y 4moJun 2018 - Oct 2023 |
2026 bear market2026 | -69.87%Mar 2026 | 1y 3mo | — | 1y 6moDec 2024 - now |
2012 bear market2012 | -69.66%Dec 2012 | 2y 2mo | 5y 6mo | 7y 8moSep 2010 - Jun 2018 |
2024 bear market2024 | -21.16%Oct 2024 | 8d | 1mo 5d | 1mo 13dSep 2024 - Nov 2024 |
2024 correction2024 | -19.84%Apr 2024 | 11d | 25d | 1mo 6dApr 2024 - May 2024 |
Drawdown Indicators
| MMYT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.45% | -56.78% | -16.67% |
Max Drawdown (1Y)Largest decline over 1 year | -64.83% | -9.10% | -55.73% |
Max Drawdown (3Y)Largest decline over 3 years | -69.87% | -18.90% | -50.97% |
Max Drawdown (5Y)Largest decline over 5 years | -69.87% | -25.43% | -44.44% |
Max Drawdown (10Y)Largest decline over 10 years | -73.45% | -33.92% | -39.53% |
Current DrawdownCurrent decline from peak | -61.74% | -1.80% | -59.94% |
Average DrawdownAverage peak-to-trough decline | -36.42% | -10.71% | -25.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.69% | 2.03% | +34.66% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of MakeMyTrip Limited over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how MakeMyTrip Limited is priced in the market compared to other companies in the Travel Services industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for MMYT, comparing it with other companies in the Travel Services industry. Currently, MMYT has a P/E ratio of 93.2. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for MMYT compared to other companies in the Travel Services industry. MMYT currently has a PEG ratio of 0.5. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for MMYT relative to other companies in the Travel Services industry. Currently, MMYT has a P/S ratio of 4.6. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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