What is the PE of the Happiest Minds?

General public holds a 36.5 percent stake. The Happiest Minds is currently trading at a price of 1481 at a PE of 147.51. The average PE of an IT company in India is around 38.46. Since Happiest Minds is a growing company it would continue to demand higher valuation and it would be difficult to find it at a PE of 20 to 30.

What is the current ratio of Happiest Minds Tech?

Happiest Minds Tech. has a Current ratio of 1.89 . Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates.

What is the growth rate of Happiest Minds?

“Happiest Minds growth for the current quarter, has been comparatively good and on a standalone basis, it is 5.7% growth in constant currency, 5% in dollar terms and 8% in rupee terms. That is testimony to the strong sales engine and the demand situation that we have seen until now.”

What is a good PEG ratio?

Traditionally a P/E/G ratio near 1 is considered fairly valued while greater 1 one is over-valued and less than 1 is under-valued. Practice: As you can see in the previous image, the PEG ratio is available on the right side of the Summary page under the chart and Key Statistics.