Joint Stock Company Kaspi.kz (KSPI) P/E Ratio History
ExpensiveTrading at 7.9x vs 5Y avg 0.0x · 100th percentile · Material premium to history · Data 2024–2026
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P/E Ratio Analysis
As of June 28, 2026, Joint Stock Company Kaspi.kz (KSPI) trades at a price-to-earnings ratio of 7.9x, with a stock price of $88.95 and trailing twelve-month earnings per share of $5485.76.
The current P/E is 42997% above its 5-year average of 0.0x. Over the past five years, KSPI's P/E has ranged from a low of 0.0x to a high of 0.0x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Technology sector median P/E of 29.3x, KSPI trades at a 73% discount to its sector peers. The sector includes 358 companies with P/E ratios ranging from 0.0x to 196.8x.
The PEG ratio of 0.24 (P/E divided by 1% EPS growth) suggests the stock may be undervalued relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, KSPI trades at a notable discount to the S&P 500 median P/E of 25.3x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our KSPI DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
KSPI Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
KSPI P/E vs Peers
Payments and fintech infrastructure peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $56B | 36.2 | - | +245% | |
| $85B | 42.5 | - | +5% | |
| $14B | 55.7 | - | +342% | |
| $16B | 38.4 | 1.80 | -27% | |
| $16B | 48.4 | - | +1639%Best | |
| $64B | 22.7 | - | +45% | |
| $39B | 8.2Lowest | 0.92Best | +36% | |
| $3B | 44.1 | - | -64% | |
| $26B | 529.9 | - | +109% | |
| $23B | 45.8 | - | +0% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
KSPI Historical P/E Data (2024–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $74.07 | $5467.94 | 0.0x | -26% |
| FY2025 Q4 | Dec 31 2025 | $78.13 | $5546.47 | 0.0x | -23% |
| FY2025 Q3 | - | $81.68 | $5766.47 | 0.0x | -23% |
| FY2025 Q2 | Jun 30 2025 | $84.89 | $5718.09 | 0.0x | -19% |
| FY2025 Q1 | Mar 31 2025 | $92.85 | $5642.33 | 0.0x | -10% |
| FY2024 Q4 | - | $94.71 | $5481.28 | 0.0x | -6% |
| FY2024 Q3 | Sep 30 2024 | $105.99 | $5117.18 | 0.0x | +13% |
| FY2024 Q2 | Jun 30 2024 | $129.01 | $4915.18 | 0.0x | +43% |
| FY2024 Q1 | Mar 31 2024 | $128.64 | $4652.94 | 0.0x | +51% |
Average P/E for displayed period: 0.0x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
2+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
KSPI — Frequently Asked Questions
Quick answers to the most common questions about buying KSPI stock.
What is KSPI's P/E ratio?
Joint Stock Company Kaspi.kz (KSPI) trailing twelve-month P/E ratio is 7.9x, based on TTM diluted EPS of $5485.76. The 5-year average P/E is 0.0x and the historical range spans 0.0x to 0.0x.
Is KSPI stock overvalued or undervalued?
KSPI current P/E: 7.9x. 5-year average P/E: 0.0x. Percentile: 100th.
Is KSPI stock expensive?
KSPI is fairly valued relative to its own history. The current P/E of 7.9x is near the 5-year average of 0.0x (100th percentile of historical range).
What is KSPI's historical P/E range?
Over the past 5 years, KSPI's P/E ratio has ranged from 0.0x to 0.0x, with a median of 0.0x and an average of 0.0x. The current P/E of 7.9x places the stock at the 100th percentile of this range. Full historical data spans 2024–2026.
How does KSPI's P/E compare to the S&P 500?
KSPI trades at 7.9x P/E versus the S&P 500 median of 25.3x. The 69% discount to the market suggests lower growth expectations or perceived higher risk.
How does KSPI's valuation compare to Technology peers?
Joint Stock Company Kaspi.kz P/E of 7.9x compares to the Technology sector median of 29.3x. The discount suggests lower growth expectations, weaker margins, or higher perceived risk relative to peers. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is KSPI's PEG ratio?
KSPI PEG ratio is 0.24, based on a P/E of 7.9x and EPS growth of 0.6%. A PEG below 1.0 indicates the valuation is supported by the earnings growth rate — typically considered attractive.
What is KSPI's earnings yield?
KSPI earnings yield is 12.66%, the inverse of its 7.9x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.