Valuation Metrics and Financial Health
Khandwala Securities currently trades at a price of ₹22.15, close to its recent low of ₹19.23 over the past 52 weeks, and well below its high of ₹32.50. The company’s price-to-book value stands at a modest 1.18, suggesting the stock is priced near its book value, which often indicates a fair valuation. However, the negative price-to-earnings (PE) ratio of -18.17 and negative enterprise value to EBITDA (EV/EBITDA) ratio of -17.22 reflect underlying profitability challenges. Negative earnings ratios typically arise from losses, and in this case, Khandwala Securities reports a return on capital employed (ROCE) of -9.11% and return on equity (ROE) of -6.52%, underscoring operational inefficiencies and weak returns for shareholders.








