Intrinsic Value of S&P & Nasdaq Contact Us

MakeMyTrip Limited MMYT

NASDAQ Global Select

SharesGrow Score
70/100
4/7 Pass
SharesGrow Intrinsic Value
$42.78
-4.1%
Analyst Price Target
$91.00
+103.9%

MakeMyTrip Limited (MMYT) current share price is $44.62. The gold spot price is $4,808.10 per troy ounce. Using the formula: MMYT in gold = $44.62 × 31.1035 ÷ $4,808.10 = 0.2886 grams of gold per share.

The Real Wealth Growth Rate measures the Compound Annual Growth Rate (CAGR) of MMYT when denominated in gold. A positive rate means the stock has outperformed gold as a store of value, while a negative rate indicates gold has been a better wealth preserver than holding MMYT shares over the measured period.

MMYT in US Dollars
Gold in US Dollars
MMYT in Gold (grams per share)

Real Wealth Growth Rate

MMYT
Computing…

"Real Wealth Growth Rate" measures the annualised compound growth rate (CAGR) of a stock when priced in gold — hard money that cannot be printed. A positive value means genuine wealth creation. A negative value means purchasing power is shrinking, even if the dollar price rises.

Step 1 — Express share price in grams of gold
$$\text{MMYT}_{\text{gold}}(t) = \frac{P_{\text{MMYT}}(t) \times 31.1035}{P_{\text{gold}}(t)}$$
$P_\text{MMYT}$ = stock price in USD, $P_\text{gold}$ = gold spot in USD/troy oz, $31.1035$ = grams per troy ounce.
Step 2 — Real Wealth Growth Rate (CAGR in gold terms)
$$\text{Real Wealth Growth Rate} = \left(\frac{\text{MMYT}_{\text{gold}}^{(T)}}{\text{MMYT}_{\text{gold}}^{(0)}}\right)^{\!\frac{1}{T}} - 1$$
$\text{MMYT}_\text{gold}^{(0)}$ = initial gold-price, $\text{MMYT}_\text{gold}^{(T)}$ = current gold-price, $T$ = number of years. A positive result means the stock outpaces gold.

Real Wealth Growth Rate Rankings — 20 Years

Computing…

People Also View

AMADF
AMADF
Amadeus IT Group, S.A.
$57.08
-1.86%
SABRP
SABRP
Sabre Corporation
$71.42
-0.78%
TNL
TNL
Travel + Leisure Co.
$78.74
+2.02%
TUIFF
TUIFF
TUI AG
$8.24
+14.44%
DESP
DESP
Despegar.com, Corp.
$19.50
-0.42%
TRIP
TRIP
Tripadvisor, Inc.
$11.26
+1.17%
LIND
LIND
Lindblad Expeditions Holdings, Inc.
$20.00
+4.06%
YTRA
YTRA
Yatra Online, Inc.
$1.05
+0.00%
Contact Us
🎓
SharesGrow Academy
Learn how to calculate Intrinsic Value and find undervalued stocks.
Weekly live sessions
Send us a message