Happy Steels Limited Financial Ratios
HAPPY · Automobile and Auto Components · Current price ₹70
P/E ratio
18.1x
P/B ratio
2.0x
ROE
17.8%
ROCE
20.5%
Debt / Equity
1.18
Dividend yield
0.0%
Ratio reference
| Ratio | Value | What it means |
|---|---|---|
| P/E | 18.1x | Price paid per ₹1 of annual earnings — lower is cheaper (context-dependent). |
| P/B | 2.0x | Price relative to book value — <1 can signal deep value or trouble. |
| ROE | 17.8% | Return on equity — how much profit the company earns on shareholder capital. |
| ROCE | 20.5% | Return on capital employed — efficiency including debt. >15% is strong. |
| D/E | 1.18 | Leverage — higher means more debt-funded, riskier in downturns. |
Model it yourself — PEG Ratio Calculator
Opens pre-filled with Happy Steels Limited's latest numbers.
Happy Steels Limited profitability
Happy Steels Limited generates a return on equity of 17.8% and a return on capital employed of 20.5%. An ROE consistently above 15% usually points to a quality business with a durable advantage; below 10% suggests weak profitability or a capital-heavy model.
Leverage & valuation
With a debt-to-equity of 1.18 and a P/E of 18.1x, Happy Steels Limited is moderately leveraged. Our overall business-quality score for the company is 5.1 / 10.
Understand the ratios
More on Happy Steels Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

