Home > PE Ratio > MSTC

MSTC
PE (Price/Earnings) Ratio

The Current P/E Ratio of MSTC is 22.95.

Share Price ₹727.3Jul 06,2026
Market Cap ₹5,120.2 Cr
Earnings-TTM₹223.1 CrTTM-Consolidated Results
Price/Earnings22.95xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for MSTC
Please provide your vote to see the results
MSTC is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

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)

Applying the above formula, P/E ratio of MSTC is calculated as :

Current Market Cap [ ₹5,120.2 Cr] as on Jul 06,2026

(/) Earnings [ ₹223.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 22.95x ]

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 22.95 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 22.95x.

- 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 RatioMarket Cap
MSTC 223.1322.955,120.2
ETERNAL LTD366.00747.37273,539.0
MEESHO LTD-2,459.76-35.7187,843.2
FSN ECOMMERCE VENTURES LTD203.94440.7289,881.1
SWIGGY LTD-4,150.00-16.5868,787.0
INDIAMART INTERMESH LTD529.5021.4611,363.5
BRAINBEES SOLUTIONS LTD-203.66-55.3511,271.9
INTRASOFT TECHNOLOGIES LTD13.289.63127.9

e-Commerce Industry Benchmark (Top 10) PE Analysis vs MSTC 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -55.35x
Max industry PE 747.37x
Median industry PE 21.46x
Average industry PE 141.81x



You may also like the below Video Courses