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

92.09 1.30 −1.39%
Market cap
$17.8B
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/S ratio

Alert me on P/S ratio

As of 3 November 2026, Joint Stock Company Kaspi.kz Sponsored ADR (KSPI) trades at a P/S ratio of 2.0×. Over the past ten years it has ranged from 0.0× (September 2024) to 4.4× (November 2024); the current reading is higher than 51% of that period. That is below the Software Infrastructure industry median of 2.9× and below the Technology sector median of 2.8×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 1.9× (42.71%)
FY2024 3.4× —
FY2023 0.0× —
FY2022 0.0× —

Quarterly newest first

Period P/S ratio Change
Jun 2026 1.9× 11.56%
Mar 2026 1.7× (11.51%)
Dec 2025 1.9× (11.55%)
Sep 2025 2.2× (14.03%)
7 more quarters

Against its own ten years

Low 0.0× High 4.4×
Ten-year median 2.0×
Current reading's percentile 51

P/S ratio against peers

Company P/S ratio
KSPI Joint Stock Company Kaspi.kz Sponsored ADR 2.0×
GDDY GoDaddy Inc. compare 2.7×
TOST Toast, Inc. compare 2.9×
GEN Gen Digital Inc. compare 3.4×
CHKP Check Point Software Technologies Ltd. compare 5.3×
FFIV F5, Inc. compare 5.5×
NTNX Nutanix compare 6.1×
IOT Samsara Inc. compare 13.0×
RBRK Rubrik, Inc. compare 15.6×
Software Infrastructure industry median 2.9×
Technology sector median 2.8×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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