MMYT (MakeMyTrip) Cyclically Adjusted Revenue per Share: $0.00 (As of Jun. 2026)

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MMYT MakeMyTrip Ltd MMYT
71 GF Score
Price $60.05
GF Value $101.70
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is MakeMyTrip Cyclically Adjusted Revenue per Share?

MakeMyTrip MMYT -1.98% 71 Cyclically Adjusted Revenue per Share is $0.00 as of Jun. 2026. GuruFocus rates MMYT with a GF Score™ of 71/100 and a GF Value™ of $101.70 (Possible Value Trap). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

MakeMyTrip's adjusted revenue per share for the three months ended in Jun. 2026 was $2.908. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $0.00 for the trailing ten years ended in Jun. 2026.

During the past 12 months, MakeMyTrip's average Cyclically Adjusted Revenue Growth Rate was -0.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of MakeMyTrip was -0.80% per year. The lowest was -2.00% per year. And the median was -1.50% per year.

As of today (2026-08-07), MakeMyTrip's current stock price is $60.05. MakeMyTrip's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $0.00. MakeMyTrip's Cyclically Adjusted PS Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MakeMyTrip was 15.91. The lowest was 1.34. And the median was 3.77.


MakeMyTrip  (NAS:MMYT) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MakeMyTrip was 15.91. The lowest was 1.34. And the median was 3.77.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


MakeMyTrip Cyclically Adjusted Revenue per Share Related Terms


MakeMyTrip Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for MakeMyTrip's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MakeMyTrip Cyclically Adjusted Revenue per Share Chart

MakeMyTrip Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.78 7.69 7.54 7.44 7.43

MakeMyTrip Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.41 7.52 7.52 7.43 0.00

MMYT vs TNL, GBTG, LIND: Cyclically Adjusted Revenue per Share Comparison

For the Travel Services subindustry, MakeMyTrip's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MakeMyTrip Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MakeMyTrip's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where MakeMyTrip's Cyclically Adjusted PS Ratio falls into.


MMYT
71GF Score
MakeMyTrip Ltd MMYT
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MakeMyTrip Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, MakeMyTrip's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.908/166.1454*166.1454
=2.908

Current CPI (Jun. 2026) = 166.1454.

MakeMyTrip Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 1.996 105.961 3.130
201612 2.332 105.196 3.683
201703 1.551 105.196 2.450
201706 1.971 107.109 3.057
201709 1.512 109.021 2.304
201712 1.720 109.404 2.612
201803 1.562 109.786 2.364
201806 1.341 111.317 2.002
201809 0.989 115.142 1.427
201812 1.199 115.142 1.730
201903 1.151 118.202 1.618
201906 1.355 120.880 1.862
201909 1.122 123.175 1.513
201912 1.395 126.235 1.836
202003 0.992 124.705 1.322
202006 0.060 127.000 0.078
202009 0.197 130.118 0.252
202012 0.531 130.889 0.674
202103 0.737 131.771 0.929
202106 0.304 134.084 0.377
202109 0.622 135.847 0.761
202112 1.059 138.161 1.274
202203 0.815 138.822 0.975
202206 1.308 142.347 1.527
202209 1.197 144.661 1.375
202212 1.532 145.763 1.746
202303 1.350 146.865 1.527
202306 1.761 150.280 1.947
202309 1.500 151.492 1.645
202312 1.901 152.924 2.065
202403 1.495 153.035 1.623
202406 2.243 155.789 2.392
202409 1.839 157.882 1.935
202412 2.316 158.323 2.430
202503 2.156 157.552 2.274
202506 2.292 159.755 2.384
202509 2.341 162.289 2.397
202512 2.977 163.281 3.029
202603 2.037 164.272 2.060
202606 2.908 166.145 2.908

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $0.00 mean?
MakeMyTrip (MMYT) has a Cyclically Adjusted Revenue per Share of $0.00 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on MakeMyTrip and its competitors.
Is MakeMyTrip's Cyclically Adjusted Revenue per Share too high?
MakeMyTrip's current Cyclically Adjusted Revenue per Share is $0.00. Overall, MakeMyTrip has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MakeMyTrip's Cyclically Adjusted Revenue per Share compare to TNL and GBTG?
MakeMyTrip's Cyclically Adjusted Revenue per Share of $0.00 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Travel & Leisure company?
A good Cyclically Adjusted Revenue per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on MakeMyTrip and its competitors. MakeMyTrip's current Cyclically Adjusted Revenue per Share is $0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MakeMyTrip stock overvalued right now?
Based on GuruFocus' analysis, MakeMyTrip (MMYT) is currently considered Possible Value Trap. The stock's GF Value™ is $101.70, compared to a current price of $60.05 — trading 41% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $0.00. MakeMyTrip's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For MakeMyTrip (MMYT), the current Cyclically Adjusted Revenue per Share is $0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MakeMyTrip (MMYT) Overvalued in 2026?

Based on GuruFocus' analysis, MakeMyTrip stock appears to be undervalued. The current stock price of $60.05 is trading 41% below its estimated GF Value™ of $101.70. GuruFocus considers MakeMyTrip to be Possible Value Trap.

Key valuation signals for MMYT:

  • Cyclically Adjusted Revenue per Share: $0.00
  • GF Value™: $101.70 vs. price of $60.05 (41% below fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the MMYT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MakeMyTrip Business Description

Other Exchanges MY1:Germany
Address DLF Cyber City, DLF Phase 2, 19th Floor, Building No. 5, Sector 24, Gurugram, HR, IND, 122002
MakeMyTrip Ltd is an online travel company, which provides online booking solutions for day-to-day travel needs. The company's operating segment includes Air ticketing; Hotels and packages; Bus ticketing and Others. It generates maximum revenue from the Hotels and packages segment. The Hotels and packages segments include internet-based platforms, call-centers, and branch offices, which provide holiday packages and hotel reservations. Its Air ticketing segment includes internet-based platforms, provides the facility to book domestic and international air tickets. Geographically, it derives a majority of revenue from India and also has a presence in the United States; South East Asia; Europe, and other countries.
71GF Score

Get the complete analysis for MMYT

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$60.05
Price
$101.70
GF Value