Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Pan HR SolutionBOM:544698 19 Piotroski F-Score is 6 as of Aug. 03, 2026, which is at its 10-year median of 6.00. GuruFocus rates BOM:544698 with a GF Score™ of 19/100. Among 1,066 Business Services companies, Pan HR Solution ranks better than 72.23% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Pan HR Solution has an F-score of 6 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Pan HR Solution's Piotroski F-Score or its related term are showing as below:
BOM:544698'
s Piotroski F-Score Range Over the Past 10 Years
Min: 6 Med: 6 Max: 6
Current: 6
During the past 4 years, the highest Piotroski F-Score of Pan HR Solution was 6. The lowest was 6. And the median was 6.
Pan HR Solution (BOM:544698) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Pan HR Solution Piotroski F-Score Related Terms
Pan HR Solution Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Pan HR Solution's Piotroski F-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Pan HR Solution Piotroski F-Score Chart
Pan HR Solution Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Piotroski F-Score
N/A
N/A
6.00
6.00
Pan HR Solution Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
Piotroski F-Score
N/A
N/A
6.00
6.00
BOM:544698 vs KFY, RHI, TNET: Piotroski F-Score Comparison
For the Staffing & Employment Services subindustry, Pan HR Solution's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Pan HR Solution Piotroski F-Score vs Business Services Industry
For the Business Services industry and Industrials sector, Pan HR Solution's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Pan HR Solution's Piotroski F-Score falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Pan HR Solution's current Net Income (TTM) was 75.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Pan HR Solution's return on assets of this year was 0.20809366. Pan HR Solution's return on assets of last year was 0.23155019.
==> Last year is higher ==> Score 0.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Pan HR Solution's current ratio of this year was 2.64912408. Pan HR Solution's current ratio of last year was 1.70598514.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Pan HR Solution's number of shares in issue this year was 5.658. Pan HR Solution's number of shares in issue last year was 7.211.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Pan HR Solution's gross margin of this year was 0.04366765. Pan HR Solution's gross margin of last year was 0.0315468.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Pan HR Solution's asset turnover of this year was 6.50415749. Pan HR Solution's asset turnover of last year was 6.69242913.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
=
Que. 1
+
Que. 2
+
Que. 3
+
Que. 4
+
Que. 5
+
Que. 6
+
Que. 7
+
Que. 8
+
Que. 9
=
1
+
1
+
0
+
0
+
1
+
1
+
1
+
1
+
0
=
6
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Pan HR Solution has an F-score of 6 indicating the company's financial situation is typical for a stable company.
Pan HR Solution (BOM:544698) has a Piotroski F-Score of 6 as of Aug. 03, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pan HR Solution and its competitors. This is near median its historical median of 6.00. Over the past decade, Pan HR Solution's Piotroski F-Score has ranged from 6.00 to 6.00. According to the industry distribution chart, Pan HR Solution ranks #296 out of 1066 companies in the Business Services industry, placing it in the top 27.8%.
Is Pan HR Solution's Piotroski F-Score too high?
Pan HR Solution's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 6.00 to a high of 6.00. The Business Services industry median Piotroski F-Score is 5.00. Pan HR Solution's value of 6 is 20% above this industry median. Based on the distribution chart, Pan HR Solution ranks #296 out of 1066 companies in the Business Services industry, which is above the industry midpoint. Overall, Pan HR Solution has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Pan HR Solution's Piotroski F-Score compare to KFY and RHI?
According to the Business Services industry distribution chart, Pan HR Solution ranks #296 out of 1066 companies for Piotroski F-Score. This puts Pan HR Solution in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Pan HR Solution's value of 6 is 20% above this benchmark. Historically, Pan HR Solution's own Piotroski F-Score has ranged from 6.00 to 6.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Pan HR Solution has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Business Services company?
The median Piotroski F-Score among Business Services companies is 5.00, based on 1,066 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pan HR Solution's current Piotroski F-Score of 6 is 20% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pan HR Solution and its competitors. For the Business Services industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pan HR Solution's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan HR Solution stock overvalued right now?
Pan HR Solution (BOM:544698) has a current Piotroski F-Score of 6. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 20% above the Business Services industry median of 5.00. Pan HR Solution's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Pan HR Solution (BOM:544698), the current Piotroski F-Score is 6 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Pan HR Solution Ltd provides manpower solutions across a range of roles, from unskilled to skilled blue-collar positions, with operations across India. It offers human resource and staffing services, payroll management, facility management, compliance audits, and e-commerce logistics support to clients in sectors including e-commerce, logistics, manufacturing, and information technology. Its services are designed to assist clients in streamlining hiring processes, reducing administrative tasks, and providing personnel for roles such as housekeeping staff, office assistants, and other support functions. The company derives revenue from the sale of its services.
19GF Score
Get the complete analysis for BOM:544698
Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:544698 has been successfully added to your 
