Happy Square Outsourcing Services (NSE:WHITEFORCE) PS Ratio: 0.43 (As of Jul. 02, 2026) — 43% Below Median


NSE:WHITEFORCE Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
18 GF Score
Price ₹40.30
! 5 Warning Signs
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What is Happy Square Outsourcing Services PS Ratio?

Happy Square Outsourcing Services NSE:WHITEFORCE -4.95% 18 PS Ratio is 0.43 as of Jul. 02, 2026, which is 43% below its 10-year median of 0.76. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 1,069 Business Services companies, Happy Square Outsourcing Services ranks better than 73.25% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Happy Square Outsourcing Services's share price is ₹40.30. Happy Square Outsourcing Services's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹94.11. Hence, Happy Square Outsourcing Services's PS Ratio for today is 0.43.

The historical rank and industry rank for Happy Square Outsourcing Services's PS Ratio or its related term are showing as below:

NSE:WHITEFORCE' s PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.76   Max: 1.04
Current: 0.47

During the past 4 years, Happy Square Outsourcing Services's highest PS Ratio was 1.04. The lowest was 0.35. And the median was 0.76.

NSE:WHITEFORCE's PS Ratio is ranked better than
73.25% of 1069 companies
in the Business Services industry
Industry Median: 1.02 vs NSE:WHITEFORCE: 0.47

Happy Square Outsourcing Services's Revenue per Sharefor the six months ended in Mar. 2026 was ₹94.11. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹94.11.

During the past 12 months, the average Revenue per Share Growth Rate of Happy Square Outsourcing Services was 12.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 27.50% per year.

During the past 4 years, Happy Square Outsourcing Services's highest 3-Year average Revenue per Share Growth Rate was 27.50% per year. The lowest was 27.50% per year. And the median was 27.50% per year.

Back to Basics: PS Ratio

Happy Square Outsourcing Services  (NSE:WHITEFORCE) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.

Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.

Happy Square Outsourcing Services PS Ratio Related Terms

Happy Square Outsourcing Services PS Ratio Historical Data

* Premium members only.

The historical data trend for Happy Square Outsourcing Services's PS Ratio 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.

Happy Square Outsourcing Services PS Ratio Chart

Happy Square Outsourcing Services Annual Data
Trend Mar23 Mar24 Mar25 Mar26
PS Ratio
0.00 0.00 0.00 0.35

Happy Square Outsourcing Services Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
PS Ratio 0.00 0.00 0.00 0.35

NSE:WHITEFORCE vs KFY, RHI, TNET: PS Ratio Comparison

For the Staffing & Employment Services subindustry, Happy Square Outsourcing Services's PS Ratio, along with its competitors' market caps and PS 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 PS Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Happy Square Outsourcing Services's PS Ratio distribution charts can be found below:

* The bar in red indicates where Happy Square Outsourcing Services's PS Ratio falls into.


NSE:WHITEFORCE
18GF Score
Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Square Outsourcing Services PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Happy Square Outsourcing Services's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=40.30/94.109
=0.43

Happy Square Outsourcing Services's Share Price of today is ₹40.30.
For company reported annually, GuruFocus uses latest annual data as the TTM data. Happy Square Outsourcing Services's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹94.11.

* 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:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 0.43 mean?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a PS Ratio of 0.43 as of Jul. 02, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Happy Square Outsourcing Services and its competitors. This is 43% below median its historical median of 0.76. Over the past decade, Happy Square Outsourcing Services' PS Ratio has ranged from 0.35 to 1.04. According to the industry distribution chart, Happy Square Outsourcing Services ranks #286 out of 1069 companies in the Business Services industry, placing it in the top 26.8%.
Is Happy Square Outsourcing Services' PS Ratio too high?
Happy Square Outsourcing Services' current PS Ratio of 0.43 is 43% below median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 1.04. The Business Services industry median PS Ratio is 1.02. Happy Square Outsourcing Services' value of 0.43 is 57.8% below this industry median. Based on the distribution chart, Happy Square Outsourcing Services ranks #286 out of 1069 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' PS Ratio compare to KFY and RHI?
According to the Business Services industry distribution chart, Happy Square Outsourcing Services ranks #286 out of 1069 companies for PS Ratio. This puts Happy Square Outsourcing Services in the upper half of its industry. The industry median PS Ratio is 1.02. Happy Square Outsourcing Services' value of 0.43 is 57.8% below this benchmark. Historically, Happy Square Outsourcing Services' own PS Ratio has ranged from 0.35 to 1.04 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 1.02, 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 PS Ratio for a Business Services company?
The median PS Ratio among Business Services companies is 1.02, based on 1,069 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Happy Square Outsourcing Services's current PS Ratio of 0.43 is 57.8% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Happy Square Outsourcing Services and its competitors. For the Business Services industry, the median PS Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Square Outsourcing Services's current PS Ratio is 0.43, which is 43% below median its own 10-year median of 0.76. 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 PS Ratio of 0.43. The current PS Ratio is 0.43, which is 43% below median its 10-year median of 0.76 and 57.8% below the Business Services industry median of 1.02. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Happy Square Outsourcing Services (NSE:WHITEFORCE), the current PS Ratio is 0.43 as of Jul. 02, 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

Address Nagpur Road, Rajpal Tower 240, Madan Mahal, Jabalpur, MP, IND, 482008
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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