MakeMyTrip (STU:MY1) Market Cap: €4,854.2 Mil (As of Jul. 03, 2026)


STU:MY1 MakeMyTrip Ltd STU:MY1
63 GF Score
Price €50.82
GF Value €92.60
Valuation Possible Value Trap
! 4 Warning Signs
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What is MakeMyTrip Market Cap?

MakeMyTrip STU:MY1 +7.40% 63 Market Cap is €4,854.2 Mil as of Jul. 03, 2026. GuruFocus rates STU:MY1 with a GF Score™ of 63/100 and a GF Value™ of €92.60 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 868 Travel & Leisure companies, MakeMyTrip ranks better than 94.47% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). MakeMyTrip's share price for the quarter that ended in Mar. 2026 was €32.06. MakeMyTrip's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 94.9 Mil. Therefore, MakeMyTrip's market cap for the quarter that ended in Mar. 2026 was €3,041.4 Mil.

MakeMyTrip's quarterly market cap declined from Sep. 2025 (€7,590.8 Mil) to Dec. 2025 (€6,602.7 Mil) and declined from Dec. 2025 (€6,602.7 Mil) to Mar. 2026 (€3,041.4 Mil).

MakeMyTrip's annual market cap increased from Mar. 2024 (€7,135.8 Mil) to Mar. 2025 (€10,529.7 Mil) but then declined from Mar. 2025 (€10,529.7 Mil) to Mar. 2026 (€3,041.4 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. MakeMyTrip's Enterprise Value for Today is €5,425.4 Mil.


MakeMyTrip  (STU:MY1) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


MakeMyTrip Market Cap Related Terms


MakeMyTrip Market Cap Historical Data

* Premium members only.

The historical data trend for MakeMyTrip's Market Cap 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 Market Cap Chart

MakeMyTrip Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,526.58 2,377.31 7,135.83 10,529.71 3,041.44

MakeMyTrip Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap 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 10,529.71 7,849.63 7,590.83 6,602.74 3,041.44

STU:MY1 vs GBTG, TNL, LIND: Market Cap Comparison

For the Travel Services subindustry, MakeMyTrip's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MakeMyTrip's Market Cap distribution charts can be found below:

* The bar in red indicates where MakeMyTrip's Market Cap falls into.


STU:MY1
63GF Score
MakeMyTrip Ltd STU:MY1
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MakeMyTrip Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

MakeMyTrip's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as

Market Cap (A: Mar. 2026 )=Share Price (A: Mar. 2026 )*Shares Outstanding (EOP) (A: Mar. 2026 )
=€32.06*94.867
=€3,041.4

MakeMyTrip's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=€32.06*94.867
=€3,041.4

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of €4,854.2 Mil mean?
MakeMyTrip (STU:MY1) has a Market Cap of €4,854.2 Mil as of Jul. 03, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on MakeMyTrip and its competitors. According to the industry distribution chart, MakeMyTrip ranks #48 out of 868 companies in the Travel & Leisure industry, placing it in the top 5.5%.
Is MakeMyTrip's Market Cap too high?
MakeMyTrip's current Market Cap is €4,854.2 Mil. Based on the distribution chart, MakeMyTrip ranks #48 out of 868 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, MakeMyTrip has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MakeMyTrip's Market Cap compare to GBTG and TNL?
According to the Travel & Leisure industry distribution chart, MakeMyTrip ranks #48 out of 868 companies for Market Cap. This places MakeMyTrip in the top 6% of its industry — outperforming the majority of peers. The industry median Market Cap is 107.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Travel & Leisure company?
The median Market Cap among Travel & Leisure companies is 107.90, based on 868 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on MakeMyTrip and its competitors. For the Travel & Leisure industry, the median Market Cap is 107.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MakeMyTrip's current Market Cap is €4,854.2 Mil. 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 (STU:MY1) is currently considered Possible Value Trap. The stock's GF Value™ is €92.60, compared to a current price of €50.82 — trading 45.1% below its estimated fair value. The current Market Cap is €4,854.2 Mil. MakeMyTrip's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For MakeMyTrip (STU:MY1), the current Market Cap is €4,854.2 Mil as of Jul. 03, 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 (STU:MY1) Overvalued in 2026?

Based on GuruFocus' analysis, MakeMyTrip stock appears to be undervalued. The current stock price of €50.82 is trading 45.1% below its estimated GF Value™ of €92.60. GuruFocus considers MakeMyTrip to be Possible Value Trap.

Key valuation signals for STU:MY1:

  • Market Cap: €4,854.2 Mil
  • GF Value™: €92.60 vs. price of €50.82 (45.1% below fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the STU:MY1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MakeMyTrip Business Description

Other Exchanges MMYT:USA
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.
63GF Score

Get the complete analysis for STU:MY1

Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€50.82
Price
€92.60
GF Value