KSPI vs GRAB

Comparison between Kaspi.kz JSC (KSPI, Company) and Grab Holdings Ltd - Class A (GRAB, Company).

Both KSPI and GRAB are from the Technology sector.

KSPI vs GRAB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	KSPI(COMPANY)	GRAB(COMPANY)
Market Cap	$17B	$17B
Max Drawdown	50.37%	86.46%
Sharpe Ratio	-0.00	-0.59
5Y Beta	0.95	1.19
Industry	Software - Infrastructure	Software - Application
P/E Ratio	8.20	61.43
Forward P/E	N/A	39.37
PEG Ratio	N/A	1.01
Debt to Equity	N/A	30.51%
Free Cash Flow Yield	0.48%	-0.01%
P/S Ratio	1.89	4.34
P/B Ratio	3.03	2.21

Market Cap

KSPI

$17B

Winner

GRAB

$17B

Max Drawdown

Winner

KSPI

50.37%

GRAB

86.46%

Sharpe Ratio

Winner

KSPI

-0.00

GRAB

-0.59

5Y Beta

Winner

KSPI

0.95

GRAB

1.19

Industry

KSPI

Software - Infrastructure

GRAB

Software - Application

P/E Ratio

Winner

KSPI

8.20

GRAB

61.43

Forward P/E

KSPI

N/A

GRAB

39.37

PEG Ratio

KSPI

N/A

GRAB

1.01

Debt to Equity

KSPI

N/A

GRAB

30.51%

Free Cash Flow Yield

Winner

KSPI

0.48%

GRAB

-0.01%

P/S Ratio

Winner

KSPI

1.89

GRAB

4.34

P/B Ratio

KSPI

3.03

Winner

GRAB

2.21

KSPI vs GRAB - Historical Returns

Returns include dividend reinvestment.

Period	KSPI	GRAB
1 month	+14.87%	+2.48%
3 months	+14.93%	-12.68%
6 months	+23.10%	-33.09%
1 year	-4.76%	-24.54%
5 years(CAGR)	N/A	-20.43%
Max(CAGR)	+0.22%	-19.26%

Winner

KSPI

+14.87%

GRAB

+2.48%

Winner

KSPI

+14.93%

GRAB

-12.68%

Winner

KSPI

+23.10%

GRAB

-33.09%

Winner

KSPI

-4.76%

GRAB

-24.54%

5Y(CAGR)

KSPI

N/A

GRAB

-20.43%

Max(CAGR)

Winner

KSPI

+0.22%

GRAB

-19.26%

KSPI vs GRAB - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	KSPI	GRAB
2026	+13.18%	-26.77%
2025	-21.56%	+5.27%
2024	+8.47%	+43.03%
2023	N/A	-2.60%
2022	N/A	-55.40%
2021	N/A	-44.94%
2020	N/A	+8.16%

KSPI vs GRAB Drawdown Comparison

The maximum drawdown for KSPI was -48.04%, occurring on Mar 13, 2026. This drawdown has not yet recovered.

The maximum drawdown for GRAB was -86.46%, occurring on Oct 24, 2022. This drawdown has not yet recovered.

The current KSPI drawdown is -33.76%. The current GRAB drawdown is -78.19%.

Rank	KSPI	GRAB
#1	-48.04% Jul 18, 2024 - Mar 13, 2026	-86.46% Nov 11, 2021 - Oct 24, 2022
#2	-14.94% Apr 3, 2024 - Jun 12, 2024	-39.82% Jan 22, 2021 - Nov 11, 2021
#3	-9.33% Jan 19, 2024 - Feb 20, 2024	-5.65% Dec 22, 2020 - Jan 7, 2021
#4	-5.86% Jun 26, 2024 - Jul 16, 2024	-4.47% Dec 14, 2020 - Dec 21, 2020
#5	-3.63% Mar 6, 2024 - Mar 12, 2024	-1.54% Jan 12, 2021 - Jan 14, 2021
#6	-2.15% Mar 4, 2024 - Mar 6, 2024	-1.38% Dec 7, 2020 - Dec 9, 2020
#7	-1.95% Jun 12, 2024 - Jun 21, 2024	-0.81% Jan 15, 2021 - Jan 20, 2021
#8	-1.93% Mar 14, 2024 - Mar 19, 2024	-0.59% Dec 1, 2020 - Dec 3, 2020
#9	-1.31% Jul 16, 2024 - Jul 18, 2024	-0.39% Dec 9, 2020 - Dec 11, 2020
#10	-0.90% Mar 22, 2024 - Mar 26, 2024	N/A
#11	-0.71% Feb 27, 2024 - Mar 1, 2024	N/A
#12	-0.42% Feb 20, 2024 - Feb 23, 2024	N/A
#13	-0.14% Feb 23, 2024 - Feb 27, 2024	N/A

Correlation

Correlation between KSPI and GRAB is -0.54 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.54

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