JD vs. MMYT: A Head-to-Head Stock Comparison

Updated on November 22, 2025

Here’s a clear look at JD and MMYT, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

JD trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, MMYT is a standard domestic listing.

Symbol	JD	MMYT
Company Name	JD.com, Inc.	MakeMyTrip Limited
Country	China	India
GICS Sector	Consumer Discretionary	Consumer Discretionary
GICS Industry	Broadline Retail	Hotels, Restaurants & Leisure
Market Capitalization	43.81 billion USD	7.33 billion USD
Exchange	NasdaqGS	NasdaqGS
Listing Date	May 22, 2014	August 12, 2010
Security Type	ADR	Common Stock

Historical Performance

This chart compares the performance of JD and MMYT by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

JD vs. MMYT: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	JD	MMYT
5-Day Price Return	-6.26%	-0.59%
13-Week Price Return	-7.75%	-22.72%
26-Week Price Return	-18.50%	-28.50%
52-Week Price Return	-46.37%	-26.97%
Month-to-Date Return	-9.56%	-4.74%
Year-to-Date Return	-15.15%	-32.13%
10-Day Avg. Volume	11.92M	1.01M
3-Month Avg. Volume	14.67M	1.06M
3-Month Volatility	39.66%	37.92%
Beta	-0.15	0.68

Profitability

Return on Equity (TTM)

JD

13.81%

Broadline Retail Industry

Max: 47.53%
Q3: 30.86%
Median: 16.43%
Q1: 10.93%
Min: -4.08%

JD’s Return on Equity of 13.81% is on par with the norm for the Broadline Retail industry, indicating its profitability relative to shareholder equity is typical for the sector.

MMYT

12.39%

Hotels, Restaurants & Leisure Industry

Max: 85.86%
Q3: 39.97%
Median: 16.82%
Q1: 6.71%
Min: -33.94%

MMYT’s Return on Equity of 12.39% is on par with the norm for the Hotels, Restaurants & Leisure industry, indicating its profitability relative to shareholder equity is typical for the sector.

JD vs. MMYT: A comparison of their Return on Equity (TTM) against their respective Broadline Retail and Hotels, Restaurants & Leisure industry benchmarks.

Net Profit Margin (TTM)

JD

2.47%

Broadline Retail Industry

Max: 23.91%
Q3: 12.92%
Median: 8.50%
Q1: 4.49%
Min: -1.62%

Falling into the lower quartile for the Broadline Retail industry, JD’s Net Profit Margin of 2.47% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.

MMYT

7.57%

Hotels, Restaurants & Leisure Industry

Max: 25.51%
Q3: 14.65%
Median: 8.65%
Q1: 3.34%
Min: -9.83%

MMYT’s Net Profit Margin of 7.57% is aligned with the median group of its peers in the Hotels, Restaurants & Leisure industry. This indicates its ability to convert revenue into profit is typical for the sector.

JD vs. MMYT: A comparison of their Net Profit Margin (TTM) against their respective Broadline Retail and Hotels, Restaurants & Leisure industry benchmarks.

Operating Profit Margin (TTM)

JD

1.43%

Broadline Retail Industry

Max: 27.48%
Q3: 17.60%
Median: 10.79%
Q1: 8.10%
Min: -4.87%

JD’s Operating Profit Margin of 1.43% is in the lower quartile for the Broadline Retail industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.

MMYT

13.92%

Hotels, Restaurants & Leisure Industry

Max: 41.93%
Q3: 22.25%
Median: 15.03%
Q1: 6.66%
Min: -15.28%

MMYT’s Operating Profit Margin of 13.92% is around the midpoint for the Hotels, Restaurants & Leisure industry, indicating that its efficiency in managing core business operations is typical for the sector.

JD vs. MMYT: A comparison of their Operating Profit Margin (TTM) against their respective Broadline Retail and Hotels, Restaurants & Leisure industry benchmarks.

Profitability at a Glance

Symbol	JD	MMYT
Return on Equity (TTM)	13.81%	12.39%
Return on Assets (TTM)	4.61%	2.95%
Net Profit Margin (TTM)	2.47%	7.57%
Operating Profit Margin (TTM)	1.43%	13.92%
Gross Profit Margin (TTM)	15.96%	73.70%

Financial Strength

Current Ratio (MRQ)

JD

1.20

Broadline Retail Industry

Max: 3.54
Q3: 2.57
Median: 1.41
Q1: 1.20
Min: 0.71

JD’s Current Ratio of 1.20 falls into the lower quartile for the Broadline Retail industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

MMYT

1.91

Hotels, Restaurants & Leisure Industry

Max: 2.86
Q3: 1.63
Median: 1.09
Q1: 0.72
Min: 0.16

MMYT’s Current Ratio of 1.91 is in the upper quartile for the Hotels, Restaurants & Leisure industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

JD vs. MMYT: A comparison of their Current Ratio (MRQ) against their respective Broadline Retail and Hotels, Restaurants & Leisure industry benchmarks.

Debt-to-Equity Ratio (MRQ)

JD

0.35

Broadline Retail Industry

Max: 2.01
Q3: 1.28
Median: 0.64
Q1: 0.30
Min: 0.00

JD’s Debt-to-Equity Ratio of 0.35 is typical for the Broadline Retail industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

MMYT

54.39

Hotels, Restaurants & Leisure Industry

Max: 11.29
Q3: 5.00
Median: 1.69
Q1: 0.28
Min: 0.00

With a Debt-to-Equity Ratio of 54.39, MMYT operates with exceptionally high leverage compared to the Hotels, Restaurants & Leisure industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

JD vs. MMYT: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Broadline Retail and Hotels, Restaurants & Leisure industry benchmarks.

Interest Coverage Ratio (TTM)

JD

6.46

Broadline Retail Industry

Max: 37.34
Q3: 21.16
Median: 8.60
Q1: 2.68
Min: -19.29

JD’s Interest Coverage Ratio of 6.46 is positioned comfortably within the norm for the Broadline Retail industry, indicating a standard and healthy capacity to cover its interest payments.

MMYT

56.32

Hotels, Restaurants & Leisure Industry

Max: 26.88
Q3: 11.95
Median: 4.07
Q1: 1.21
Min: -11.84

With an Interest Coverage Ratio of 56.32, MMYT demonstrates a superior capacity to service its debt, placing it well above the typical range for the Hotels, Restaurants & Leisure industry. This stems from either robust earnings or a conservative debt load.

JD vs. MMYT: A comparison of their Interest Coverage Ratio (TTM) against their respective Broadline Retail and Hotels, Restaurants & Leisure industry benchmarks.

Financial Strength at a Glance

Symbol	JD	MMYT
Current Ratio (MRQ)	1.20	1.91
Quick Ratio (MRQ)	0.80	1.91
Debt-to-Equity Ratio (MRQ)	0.35	54.39
Interest Coverage Ratio (TTM)	6.46	56.32

Growth

Revenue Growth

JD vs. MMYT: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

JD vs. MMYT: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

JD

0.00%

Broadline Retail Industry

Max: 3.86%
Q3: 2.28%
Median: 0.36%
Q1: 0.00%
Min: 0.00%

JD currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

MMYT

0.00%

Hotels, Restaurants & Leisure Industry

Max: 6.26%
Q3: 2.86%
Median: 1.03%
Q1: 0.00%
Min: 0.00%

MMYT currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

JD vs. MMYT: A comparison of their Dividend Yield (TTM) against their respective Broadline Retail and Hotels, Restaurants & Leisure industry benchmarks.

Dividend Payout Ratio (TTM)

JD

0.00%

Broadline Retail Industry

Max: 123.73%
Q3: 65.43%
Median: 31.90%
Q1: 0.00%
Min: 0.00%

JD has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

MMYT

0.00%

Hotels, Restaurants & Leisure Industry

Max: 149.29%
Q3: 62.26%
Median: 24.10%
Q1: 0.00%
Min: 0.00%

MMYT has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

JD vs. MMYT: A comparison of their Dividend Payout Ratio (TTM) against their respective Broadline Retail and Hotels, Restaurants & Leisure industry benchmarks.

Dividend at a Glance

Symbol	JD	MMYT
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

Price-to-Earnings Ratio (TTM)

JD

9.57

Broadline Retail Industry

Max: 50.01
Q3: 30.84
Median: 17.63
Q1: 12.56
Min: 5.17

In the lower quartile for the Broadline Retail industry, JD’s P/E Ratio of 9.57 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

MMYT

94.75

Hotels, Restaurants & Leisure Industry

Max: 52.15
Q3: 31.98
Median: 20.63
Q1: 14.77
Min: 3.30

At 94.75, MMYT’s P/E Ratio is exceptionally high, exceeding the typical maximum for the Hotels, Restaurants & Leisure industry. This suggests the stock may be significantly overvalued compared to its peers and implies high market expectations that could be difficult to meet.

JD vs. MMYT: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Broadline Retail and Hotels, Restaurants & Leisure industry benchmarks.

Price-to-Sales Ratio (TTM)

JD

0.24

Broadline Retail Industry

Max: 4.38
Q3: 3.11
Median: 2.13
Q1: 0.97
Min: 0.23

In the lower quartile for the Broadline Retail industry, JD’s P/S Ratio of 0.24 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.

MMYT

7.17

Hotels, Restaurants & Leisure Industry

Max: 7.94
Q3: 3.96
Median: 2.01
Q1: 1.22
Min: 0.16

MMYT’s P/S Ratio of 7.17 is in the upper echelon for the Hotels, Restaurants & Leisure industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

JD vs. MMYT: A comparison of their Price-to-Sales Ratio (TTM) against their respective Broadline Retail and Hotels, Restaurants & Leisure industry benchmarks.

Price-to-Book Ratio (MRQ)

JD

1.74

Broadline Retail Industry

Max: 10.38
Q3: 5.41
Median: 3.37
Q1: 1.65
Min: 0.73

JD’s P/B Ratio of 1.74 is within the conventional range for the Broadline Retail industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

MMYT

349.16

Hotels, Restaurants & Leisure Industry

Max: 29.33
Q3: 13.12
Median: 4.61
Q1: 2.02
Min: 0.37

At 349.16, MMYT’s P/B Ratio is at an extreme premium to the Hotels, Restaurants & Leisure industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

JD vs. MMYT: A comparison of their Price-to-Book Ratio (MRQ) against their respective Broadline Retail and Hotels, Restaurants & Leisure industry benchmarks.

Valuation at a Glance

Symbol	JD	MMYT
Price-to-Earnings Ratio (TTM)	9.57	94.75
Price-to-Sales Ratio (TTM)	0.24	7.17
Price-to-Book Ratio (MRQ)	1.74	349.16
Price-to-Free Cash Flow Ratio (TTM)	6.25	40.65