MakeMyTrip is an online travel company in India. Through Co.'s primary websites, www.makemytrip.com, www.goibibo.com and www.redbus.in, and mobile platforms, travelers can research, plan and book a range of travel services and products in India as well as overseas. Co.'s services and products include air ticketing, hotels and packages, bus tickets, rail tickets, car hire, experiences and ancillary travel requirements such as facilitating access to third-party travel and other insurance products and visa processing. Co. provides its customers with access to all primary domestic full-service and low-cost airlines operating in India and all primary airlines operating to and from India. We show 14 historical shares outstanding datapoints in our MMYT shares outstanding history coverage, used to compute MMYT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MMYT market cap history over the course of time is important for investors
interested in comparing MMYT's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MMYT versus a peer is one thing; comparing
MMYT market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MMYT can fluctuate over the course of history.
With this page we aim to empower investors researching MMYT by allowing them to research the MMYT market cap history. |
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Video: The Importance of Market Cap
