MSTC
|
The Current P/E Ratio of MSTC is 19.18.
| Share Price | ₹608.0 | Jul 24,2026 |
| Market Cap | ₹4,280.0 Cr | |
| Earnings-TTM | ₹223.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 19.18x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of MSTC
Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹4,280.0 Cr] as on Jul 24,2026
(/) Earnings [ ₹223.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.18x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for MSTC , the investors are currently willing to pay 19.18 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.
Thus, for MSTC , the investors are currently willing to pay 19.18 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 latest p/e ratio is 19.18x.
- 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.
- 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 | 223.13 | 19.18 | 4,280.0 |
| ETERNAL LTD | 433.00 | 624.04 | 270,210.0 |
| MEESHO LTD | -1,201.21 | -71.29 | 85,629.6 |
| FSN ECOMMERCE VENTURES LTD | 203.94 | 453.30 | 92,446.3 |
| SWIGGY LTD | -4,150.00 | -16.72 | 69,394.3 |
| INDIAMART INTERMESH LTD | 548.70 | 19.27 | 10,572.3 |
| BRAINBEES SOLUTIONS LTD | -203.66 | -53.42 | 10,880.3 |
| INTRASOFT TECHNOLOGIES LTD | 13.28 | 9.41 | 125.0 |
e-Commerce Industry Benchmark (Top 10) PE Analysis vs MSTC 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -71.29x |
| Max industry PE | 624.04x |
| Median industry PE | 19.18x |
| Average industry PE | 122.97x |
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