MMYT vs AMZN vs MSFT vs BKNG

For growth investors, MakeMyTrip Limited (MMYT) is the stronger pick with 25.

0% revenue growth year-over-year, versus 12. 4% for Amazon. com, Inc. (AMZN). Booking Holdings Inc. (BKNG) offers the better valuation at 25. 9x trailing P/E (16. 3x forward), making it the more compelling value choice. Analysts rate MakeMyTrip Limited (MMYT) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Booking Holdings Inc.

(BKNG) is the cheapest at 25. 9x versus MakeMyTrip Limited at 60. 9x. On forward P/E, Booking Holdings Inc. is actually cheaper at 16. 3x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Booking Holdings Inc. wins at 0. 10x versus Microsoft Corporation's 1. 35x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, MakeMyTrip Limited (MMYT) delivered a total return of +97.

0%, compared to +64. 8% for Amazon. com, Inc. (AMZN). Over 10 years, the gap is even starker: MSFT returned +787. 7% versus MMYT's +190. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Booking Holdings Inc.

(BKNG) is the lower-risk stock at 0. 74β versus Amazon. com, Inc. 's 1. 51β — meaning AMZN is approximately 103% more volatile than BKNG relative to the S&P 500. On balance sheet safety, MakeMyTrip Limited (MMYT) carries a lower debt/equity ratio of 20% versus 37% for Amazon. com, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), MakeMyTrip Limited (MMYT) is pulling ahead at 25.

0% versus 12. 4% for Amazon. com, Inc. (AMZN). On earnings-per-share growth, the picture is similar: Amazon. com, Inc. grew EPS 29. 7% year-over-year, compared to -54. 6% for MakeMyTrip Limited. Over a 3-year CAGR, MMYT leads at 47. 7% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Microsoft Corporation (MSFT) is the more profitable company, earning 36.

1% net margin versus 9. 7% for MakeMyTrip Limited — meaning it keeps 36. 1% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MSFT leads at 45. 6% versus 11. 2% for AMZN. At the gross margin level — before operating expenses — BKNG leads at 100. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Booking Holdings Inc. (BKNG) is the more undervalued stock at a PEG of 0. 10x versus Microsoft Corporation's 1. 35x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Booking Holdings Inc. (BKNG) trades at 16. 3x forward P/E versus 73. 2x for MakeMyTrip Limited — 56. 9x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for MMYT: 80. 2% to $91. 00.

In this comparison, BKNG (0.

9% yield), MSFT (0. 8% yield) pay a dividend. MMYT, AMZN do not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Microsoft Corporation (MSFT) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

89), 0. 8% yield, +787. 7% 10Y return). Both have compounded well over 10 years (MSFT: +787. 7%, MMYT: +190. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

These companies operate in different sectors (MMYT (Consumer Cyclical) and AMZN (Consumer Cyclical) and MSFT (Technology) and BKNG (Consumer Cyclical)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

In terms of investment character: MMYT is a small-cap high-growth stock; AMZN is a mega-cap quality compounder stock; MSFT is a mega-cap quality compounder stock; BKNG is a mid-cap quality compounder stock. MSFT, BKNG pay a dividend while MMYT, AMZN do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.