Happiness-absolute or relative?

In our day to day life we consider certain things as absolute while some other as relative. Things like a brick, a coin, a computer are absolute example of absolute quantities, while other things/virtues like relative velocity, relative growth are examples of relative terms. In fact velocity itself is a relative term, as by the principal of physics, it depends on the framework in which it is measured.
So how would be classify something like happiness? Is happiness an absolute term or a relative term?

We, the hypocrite Indians

The title would have appeared to be a bit weird at first, but once you get the essence of what I intend to tell I am sure you would agree with me.