What is Happy Square Outsourcing Services PB Ratio?
Happy Square Outsourcing ServicesNSE:WHITEFORCE 18 PB Ratio is 1.23 as of Jun. 26, 2026, which is 80% below its 10-year median of 6.02. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 1,049 Business Services companies, Happy Square Outsourcing Services ranks better than 62.92% on this metric.
NSE:WHITEFORCE'
s PB Ratio Range Over the Past 10 Years
Min: 0.91 Med: 6.02 Max: 8.09
Current: 1.23
During the past 4 years, Happy Square Outsourcing Services's highest PB Ratio was 8.09. The lowest was 0.91. And the median was 6.02.
NSE:WHITEFORCE's PB Ratio is ranked better than 62.92% of 1049
companies
in the Business Services industry
Industry Median: 1.62
vs NSE:WHITEFORCE: 1.23
During the past 12 months, Happy Square Outsourcing Services's average Book Value Per Share Growth Rate was 237.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 169.90% per year.
During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Happy Square Outsourcing Services was 169.90% per year. The lowest was 169.90% per year. And the median was 169.90% per year.
Back to Basics: PB Ratio
Happy Square Outsourcing Services (NSE:WHITEFORCE) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Happy Square Outsourcing Services PB Ratio Related Terms
Happy Square Outsourcing Services PB Ratio Historical Data
* 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.
Happy Square Outsourcing Services PB Ratio Chart
Happy Square Outsourcing Services Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
PB Ratio
0.00
0.00
0.00
0.91
Happy Square Outsourcing Services Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
PB Ratio
0.00
0.00
0.00
0.91
NSE:WHITEFORCE vs KFY, RHI, TNET: PB Ratio Comparison
For the Staffing & Employment Services subindustry, Happy Square Outsourcing Services's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Happy Square Outsourcing Services PB Ratio vs Business Services Industry
For the Business Services industry and Industrials sector, Happy Square Outsourcing Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where Happy Square Outsourcing Services's PB Ratio falls into.
Happy Square Outsourcing Services PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a PB Ratio of 1.23 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Happy Square Outsourcing Services and its competitors. This is 80% below median its historical median of 6.02. Over the past decade, Happy Square Outsourcing Services' PB Ratio has ranged from 0.91 to 8.09. According to the industry distribution chart, Happy Square Outsourcing Services ranks #389 out of 1049 companies in the Business Services industry, placing it in the top 37.1%.
Is Happy Square Outsourcing Services' PB Ratio too high?
Happy Square Outsourcing Services' current PB Ratio of 1.23 is 80% below median its 10-year median of 6.02. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 8.09. The Business Services industry median PB Ratio is 1.62. Happy Square Outsourcing Services' value of 1.23 is 24.1% below this industry median. Based on the distribution chart, Happy Square Outsourcing Services ranks #389 out of 1049 companies in the Business Services industry, which is above the industry midpoint. Overall, Happy Square Outsourcing Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' PB Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, Happy Square Outsourcing Services ranks #389 out of 1049 companies for PB Ratio. This puts Happy Square Outsourcing Services in the upper half of its industry. The industry median PB Ratio is 1.62. Happy Square Outsourcing Services' value of 1.23 is 24.1% below this benchmark. Historically, Happy Square Outsourcing Services' own PB Ratio has ranged from 0.91 to 8.09 over the past decade. While the company's 10-year median is 6.02 vs. the industry median of 1.62, Happy Square Outsourcing Services has consistently been below 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 PB Ratio for a Business Services company?
The median PB Ratio among Business Services companies is 1.62, based on 1,049 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Happy Square Outsourcing Services's current PB Ratio of 1.23 is 24.1% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Happy Square Outsourcing Services and its competitors. For the Business Services industry, the median PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Square Outsourcing Services's current PB Ratio is 1.23, which is 80% below median its own 10-year median of 6.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current PB Ratio of 1.23. The current PB Ratio is 1.23, which is 80% below median its 10-year median of 6.02 and 24.1% below the Business Services industry median of 1.62. Happy Square Outsourcing Services' overall GF Score™ is 18/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Happy Square Outsourcing Services (NSE:WHITEFORCE), the current PB Ratio is 1.23 as of Jun. 26, 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.
Happy Square Outsourcing Services Business Description
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
18GF Score
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