Joint Stock Company Kaspi.kz Sponsored ADR

KSPI Technology Software Infrastructure

Joint Stock Company Kaspi.kz Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $7.7 billion, up 44.6% from fiscal 2024. In the quarter to June 2026, revenue grew 20.7%, EPS grew 5.19%, free cash flow grew 73.4% and total debt fell 100.0%, each against the same quarter a year earlier. Revenue growth for three consecutive years.

93.18 1.66 −1.75%
Market cap
$18.0B
P/E
8.4×
Fwd P/E
6.4×
Dividend yield
—
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Joint Stock Company Kaspi.kz Sponsored ADR (KSPI) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Joint Stock Company Kaspi.kz Sponsored ADR (KSPI) trades at a P/E ratio of 8.4×. Over the past ten years it has ranged from 6.3× (March 2026) to 11.7× (November 2024); the current reading is higher than 63% of that period. That is below the Software Infrastructure industry median of 28.4× and below the Technology sector median of 28.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 7.2× (20.54%)
FY2024 9.0× (15.40%)
FY2023 10.7× 0.00%
FY2022 10.7× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 7.8× 15.49%
Mar 2026 6.8× (5.54%)
Dec 2025 7.2× (1.79%)
Sep 2025 7.3× (5.25%)
7 more quarters

Against its own ten years

Low 6.3× High 11.7×
Ten-year median 8.1×
Current reading's percentile 63

P/E ratio against peers

Company P/E ratio
RBRK Rubrik, Inc. compare n/m
GPN Global Payments Inc. compare n/m
KSPI Joint Stock Company Kaspi.kz Sponsored ADR 8.4×
NTNX Nutanix compare 12.0×
CHKP Check Point Software Technologies Ltd. compare 13.9×
GEN Gen Digital Inc. compare 13.9×
GDDY GoDaddy Inc. compare 15.6×
AKAM Akamai Technologies, Inc. compare 30.8×
TOST Toast, Inc. compare 38.0×
Software Infrastructure industry median 28.4×
Technology sector median 28.2×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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