• MakeMyTrip average price/book ratio for 2023 was 2.96, a 6.03% increase from 2022.
• MakeMyTrip average price/book ratio for 2022 was 3.15, a 15.09% decline from 2021.
• MakeMyTrip average price/book ratio for 2021 was 3.71, a 159.44% decline from 2020.

Price/book ratio can be defined as