MSTC
|
The Current P/E Ratio of MSTC is 13.47.
| Share Price | ₹426.8 | May 22,2026 |
| Market Cap | ₹3,004.7 Cr | |
| Earnings-TTM | ₹223.0 Cr | TTM-Consolidated Results |
| Price/Earnings | 13.47x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of MSTC
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,004.7 Cr] as on May 22,2026
(/) Earnings [ ₹223.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.47x ]
Thus, for MSTC , the investors are currently willing to pay 13.47 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of MSTC !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of MSTC over the last five years.
Historical PE (Price/Earnings) ratio chart of MSTC
PE Ratio Performance Analysis for MSTC
- MSTC 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 16.22x.
- MSTC 's operated at median p/e ratio of 10.83x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MSTC 's p/e ratio peaked in Mar2024 at 35.45x.
- MSTC 's p/e ratio hit its five-year low in Mar2023 of 7.36x.
How does MSTC 's P/E Ratio benchmark against top 10 peers in e-Commerce Industry?
| Peer Comparison (e-Commerce Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| MSTC | 223.02 | 13.47 | 3,004.7 |
| ETERNAL LTD | 366.00 | 637.95 | 233,490.0 |
| MEESHO LTD | -2,459.76 | -37.18 | 91,463.6 |
| FSN ECOMMERCE VENTURES LTD | 203.94 | 389.29 | 79,390.8 |
| SWIGGY LTD | -4,150.00 | -16.63 | 68,994.0 |
| INDIAMART INTERMESH LTD | 529.50 | 23.04 | 12,201.2 |
| BRAINBEES SOLUTIONS LTD | -266.98 | -45.98 | 12,276.4 |
| INTRASOFT TECHNOLOGIES LTD | 12.48 | 10.95 | 136.6 |
e-Commerce Industry Benchmark (Top 10) PE Analysis vs MSTC 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -45.98x |
| Max industry PE | 637.95x |
| Median industry PE | 13.47x |
| Average industry PE | 121.86x |
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