As of 2026-05-09, the Relative Valuation of MakeMyTrip Ltd (MMYT) is 39.30 USD. This relative valuation is based on P/E multiples. With the latest stock price at 47.84 USD, the upside of MakeMyTrip Ltd based on Relative Valuation is -17.8%.
The range of the Relative Valuation is 22.70 - 49.04 USD.
| Range | Selected | |
| Trailing P/E multiples | 38.1x - 66.3x | 51.5x |
| Forward P/E multiples | 29.1x - 33.4x | 32.6x |
| Fair Price | 22.70 - 49.04 | 39.30 |
| Upside | -52.5% - 2.5% | -17.8% |
| Date | P/E |
| 2026-05-08 | 80.21 |
| 2026-05-07 | 84.68 |
| 2026-05-06 | 82.97 |
| 2026-05-05 | 78.90 |
| 2026-05-04 | 78.56 |
| 2026-05-01 | 80.81 |
| 2026-04-30 | 79.15 |
| 2026-04-29 | 79.70 |
| 2026-04-28 | 78.51 |
| 2026-04-27 | 79.15 |
| 2026-04-24 | 77.15 |
| 2026-04-23 | 76.52 |
| 2026-04-22 | 76.92 |
| 2026-04-21 | 80.44 |
| 2026-04-20 | 83.21 |
| 2026-04-17 | 85.54 |
| 2026-04-16 | 80.22 |
| 2026-04-15 | 78.65 |
| 2026-04-14 | 74.81 |
| 2026-04-13 | 72.24 |
| 2026-04-10 | 68.49 |
| 2026-04-09 | 69.73 |
| 2026-04-08 | 71.24 |
| 2026-04-07 | 64.16 |
| 2026-04-06 | 68.30 |
| 2026-04-02 | 66.79 |
| 2026-04-01 | 63.51 |
| 2026-03-31 | 62.52 |
| 2026-03-30 | 60.98 |
| 2026-03-27 | 60.86 |
| 2026-03-26 | 67.06 |
| 2026-03-25 | 65.57 |
| 2026-03-24 | 66.91 |
| 2026-03-23 | 68.18 |
| 2026-03-20 | 66.69 |
| 2026-03-19 | 71.67 |
| 2026-03-18 | 71.89 |
| 2026-03-17 | 76.65 |
| 2026-03-16 | 76.72 |
| 2026-03-13 | 76.28 |
| 2026-03-12 | 76.33 |
| 2026-03-11 | 79.45 |
| 2026-03-10 | 81.53 |
| 2026-03-09 | 84.35 |
| 2026-03-06 | 87.38 |
| 2026-03-05 | 88.76 |
| 2026-03-04 | 82.23 |
| 2026-03-03 | 85.35 |
| 2026-03-02 | 93.79 |
| 2026-02-27 | 94.67 |