What is the price-to-earnings ratio of MakeMyTrip?
The price-earnings ratio of MakeMyTrip is currently 42.54.
MakeMyTrip P/E 2024
MakeMyTrip P/E
42.54
Ticker
MMYT
ISIN
MU0295S00016
WKN
A1C3UJ
As of Jul 5, 2024, MakeMyTrip's P/E ratio was 42.54, a -116.31% change from the -260.85 P/E ratio recorded in the previous year.
The MakeMyTrip P/E history
MakeMyTrip Aktienanalyse
What does MakeMyTrip do?
MakeMyTrip Ltd is an Indian company that was founded in 2000 and has since become one of the leading online travel portals in the country. The company is headquartered in Gurgaon, a city near New Delhi, and currently employs over 1,800 employees. The history of MakeMyTrip began when founder Deep Kalra wanted to build a business upon returning from the USA that would revolutionize the Indian travel market. He and his co-founders quickly recognized the potential of the internet and launched an online platform for booking travel and accommodations. Over the years, the company has continuously evolved and expanded its services. MakeMyTrip's business model is based on the idea of selling travel and accommodations online. The company offers its users a variety of travel packages, flight, train, and bus tickets, hotel bookings, car rentals, and other services. Consumers can choose from a range of options and make their reservations directly through the website or mobile app. In recent years, MakeMyTrip has also acquired various other companies to expand its offerings and solidify its position in the market. In 2016, the company acquired smaller rival Goibibo, becoming the leading online travel portal in India. In 2019, MakeMyTrip announced that it had acquired a minority stake in OYO, a company specializing in accommodation bookings. The company offers several divisions, including: 1. Flight bookings - Here, customers can book domestic and international flights within India. 2. Hotel bookings - MakeMyTrip has an extensive database of hotels throughout India and offers customers the ability to customize their search for accommodations based on specific needs such as location, budget, star ratings, and more. 3. Travel packages - MakeMyTrip also offers its customers customized travel packages that can include flights, accommodations, and activities such as sightseeing, excursions, and adventure sports. 4. Train and bus tickets - Customers can also book train and bus tickets directly on the website or mobile app. 5. Car rentals - MakeMyTrip offers the opportunity to book car rentals in India and internationally. MakeMyTrip also has a mobile app that users can download and use to manage their bookings, receive deals and discounts, and access numerous other features. In conclusion, MakeMyTrip is one of the most innovative and successful companies in the Indian e-commerce sector. With a wide range of services and a strong online presence, the company is well-positioned to continue growing and satisfying its customers in the coming years. MakeMyTrip ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering MakeMyTrip's P/E Ratio
The Price to Earnings (P/E) Ratio of MakeMyTrip is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing MakeMyTrip's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of MakeMyTrip is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in MakeMyTrip’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about MakeMyTrip stock
How has the price-earnings ratio of MakeMyTrip changed compared to last year?
The price-to-earnings ratio of MakeMyTrip has increased by -116.31% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of MakeMyTrip high compared to other companies?
Yes, the price-to-earnings ratio of MakeMyTrip is high compared to other companies.
How does an increase in the price-earnings ratio of MakeMyTrip affect the company?
An increase in the price-earnings ratio of MakeMyTrip would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of MakeMyTrip affect the company?
A decrease in the price-earnings ratio of MakeMyTrip would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of MakeMyTrip?
Some factors that influence the price-earnings ratio of MakeMyTrip are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does MakeMyTrip pay?
Over the past 12 months, MakeMyTrip paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, MakeMyTrip is expected to pay a dividend of 0 USD.
What is the dividend yield of MakeMyTrip?
The current dividend yield of MakeMyTrip is .
When does MakeMyTrip pay dividends?
MakeMyTrip pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of MakeMyTrip?
MakeMyTrip paid dividends every year for the past 0 years.
What is the dividend of MakeMyTrip?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is MakeMyTrip located?
MakeMyTrip is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von MakeMyTrip kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of MakeMyTrip from 7/5/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/5/2024.
When did MakeMyTrip pay the last dividend?
The last dividend was paid out on 7/5/2024.
What was the dividend of MakeMyTrip in the year 2023?
In the year 2023, MakeMyTrip distributed 0 USD as dividends.
In which currency does MakeMyTrip pay out the dividend?
The dividends of MakeMyTrip are distributed in USD.
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Andere Kennzahlen von MakeMyTrip
Our stock analysis for MakeMyTrip Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MakeMyTrip Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
