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.

Revenue
+20.7%
EPS
+5.19%
Free cash flow
+73.4%
Total debt
−100.0%

Quarter to June 2026, against a year earlier

91.23 0.35 −0.38%
Market cap
$17.4B
P/E
8.5×
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 5 November 2026, Joint Stock Company Kaspi.kz Sponsored ADR (KSPI) trades at a P/E ratio of 8.5×. Over the past ten years it has ranged from 6.4× (November 2025) to 10.6× (November 2024); the current reading is higher than 70% of that period. That is below the Software Infrastructure industry median of 24.4× and below the Technology sector median of 25.7×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 7.4× (11.05%)
FY2024 8.3× (15.00%)
FY2023 9.8× 0.00%
FY2022 9.8× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 8.0× 15.45%
Mar 2026 7.0× (5.55%)
Dec 2025 7.4× 0.77%
Sep 2025 7.3× (1.63%)
7 more quarters

Against its own ten years

Low 6.4× High 10.6×
Ten-year median 8.0×
Current reading's percentile 70

P/E ratio against peers

Company P/E ratio
RBRK Rubrik, Inc. compare n/m
KSPI Joint Stock Company Kaspi.kz Sponsored ADR 8.5×
NTNX Nutanix compare 10.6×
GEN Gen Digital Inc. compare 15.3×
GDDY GoDaddy Inc. compare 16.4×
CHKP Check Point Software Technologies Ltd. compare 17.7×
FFIV F5, Inc. compare 24.6×
TOST Toast, Inc. compare 37.6×
IOT Samsara Inc. compare 253×
Software Infrastructure industry median 24.4×
Technology sector median 25.7×
Market median 17.9×

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 →

More on KSPI