Happy Forgings (NSE:HAPPYFORGE) ROE % Adjusted to Book Value: 3.06% (As of Mar. 2026)


NSE:HAPPYFORGE Happy Forgings Ltd NSE:HAPPYFORGE
54 GF Score
Price ₹1,499.10
! 6 Warning Signs
View Full Analysis

What is Happy Forgings ROE % Adjusted to Book Value?

Happy Forgings NSE:HAPPYFORGE -2.79% 54 ROE % Adjusted to Book Value is 3.06% as of Mar. 2026. GuruFocus rates NSE:HAPPYFORGE with a GF Score™ of 54/100. The stock has 6 warning signs investors should review.

Happy Forgings's ROE % for the quarter that ended in Mar. 2026 was 15.70%. Happy Forgings's PB Ratio for the quarter that ended in Mar. 2026 was 5.13. Happy Forgings's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 3.06%.

Happy Forgings ROE % Adjusted to Book Value Related Terms

Happy Forgings ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Happy Forgings's ROE % Adjusted to Book Value 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 Forgings ROE % Adjusted to Book Value Chart

Happy Forgings Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 0.00 0.00 3.59 3.85 2.96

Happy Forgings Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.65 0.00 3.40 0.00 3.06

NSE:HAPPYFORGE vs CRS, ATI, MLI: ROE % Adjusted to Book Value Comparison

For the Metal Fabrication subindustry, Happy Forgings's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 Forgings ROE % Adjusted to Book Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Happy Forgings's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Happy Forgings's ROE % Adjusted to Book Value falls into.


NSE:HAPPYFORGE
54GF Score
Happy Forgings Ltd NSE:HAPPYFORGE
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Happy Forgings ROE % Adjusted to Book Value Calculation

Happy Forgings's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=15.17% / 5.13
=2.96%

Happy Forgings's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=15.70% / 5.13
=3.06%

* 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.

What does a ROE % Adjusted to Book Value of 3.06% mean?
Happy Forgings (NSE:HAPPYFORGE) has a ROE % Adjusted to Book Value of 3.06% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Happy Forgings and its competitors.
Is Happy Forgings' ROE % Adjusted to Book Value too high?
Happy Forgings' current ROE % Adjusted to Book Value is 3.06%. Overall, Happy Forgings has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Happy Forgings' ROE % Adjusted to Book Value compare to CRS and ATI?
Happy Forgings' ROE % Adjusted to Book Value of 3.06% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Industrial Products company?
A good ROE % Adjusted to Book Value depends on the Industrial Products industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Happy Forgings and its competitors. Happy Forgings's current ROE % Adjusted to Book Value is 3.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Forgings stock overvalued right now?
Happy Forgings (NSE:HAPPYFORGE) has a current ROE % Adjusted to Book Value of 3.06%. The current ROE % Adjusted to Book Value is 3.06%. Happy Forgings' overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Happy Forgings (NSE:HAPPYFORGE), the current ROE % Adjusted to Book Value is 3.06% as of Mar. 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 Forgings Business Description

Other Exchanges 544057:India
Address H.B 220, Post Office - Rajgarh, Village Dugri, Ludhiana, PB, IND, 141 421
Happy Forgings Ltd is a manufacturer specializing in designing and manufacturing heavy forgings and high-precision machined components. The company manufactures, designs, and tests various products such as crankshafts, front axle carriers, steering knuckles, differential housings, transmission parts, pinion shafts, suspension products, and valve bodies for different industries and customers. The Company business comprises only the Forging segment where the company sells forged products comprising of forgings and machined components for the automotive and industrial sectors. The company generates the majority of its revenue within India.
54GF Score

Get the complete analysis for NSE:HAPPYFORGE

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,499.10
Price