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Czech (PX) Market Analysis & Valuation

UpdatedMar 21, 2026
DataAggregated Company Financials
Companies26
  • 7D3.7%
  • 3M-3.4%
  • 1Y11.4%
  • YTD-4.0%

The market has climbed 3.7% in the last 7 days, lead by the Utilities sector with a gain of 6.7%. In the last year, the market has climbed 11%. Earnings are forecast to grow by 4.9% annually.

Market Valuation and Performance

Has the Czech Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Mar 2026Kč1.1tKč457.6bKč59.6b19.6x18.7x2.4x
Mon, 16 Feb 2026Kč1.1tKč465.0bKč60.3b20.4x18.3x2.4x
Wed, 14 Jan 2026Kč1.2tKč463.3bKč61.1b20.3x19.8x2.6x
Fri, 12 Dec 2025Kč1.1tKč463.3bKč61.1b20.7x18.7x2.5x
Sun, 09 Nov 2025Kč1.1tKč473.8bKč57.4b22.2x19.9x2.4x
Tue, 07 Oct 2025Kč1.1tKč472.7bKč58.6b23x19.3x2.4x
Thu, 04 Sep 2025Kč1.1tKč472.9bKč58.8b18.6x18.8x2.3x
Sat, 02 Aug 2025Kč1.1tKč473.2bKč62.5b18x17.1x2.3x
Mon, 30 Jun 2025Kč1.0tKč473.7bKč61.6b16.6x16.9x2.2x
Wed, 28 May 2025Kč1.0tKč468.9bKč61.4b16.2x17.1x2.2x
Fri, 25 Apr 2025Kč1.0tKč459.6bKč60.5b15.4x16.9x2.2x
Sun, 23 Mar 2025Kč997.2bKč457.2bKč60.7b15.8x16.4x2.2x
Tue, 18 Feb 2025Kč943.5bKč450.2bKč53.2b15.4x17.7x2.1x
Thu, 16 Jan 2025Kč874.6bKč442.3bKč50.9b13.5x17.2x2x
Sat, 14 Dec 2024Kč849.7bKč443.2bKč51.1b13x16.6x1.9x
Mon, 11 Nov 2024Kč814.0bKč435.5bKč56.5b12.8x14.4x1.9x
Wed, 09 Oct 2024Kč777.7bKč435.5bKč54.5b13.3x14.3x1.8x
Fri, 06 Sep 2024Kč771.7bKč431.3bKč54.3b13.4x14.2x1.8x
Sun, 04 Aug 2024Kč796.3bKč432.0bKč58.2b13.5x13.7x1.8x
Tue, 02 Jul 2024Kč775.3bKč432.6bKč59.0b12.9x13.1x1.8x
Thu, 30 May 2024Kč791.8bKč432.7bKč59.1b13.3x13.4x1.8x
Sat, 27 Apr 2024Kč765.7bKč438.8bKč57.2b13.3x13.4x1.7x
Mon, 25 Mar 2024Kč750.1bKč438.0bKč57.6b12.6x13x1.7x
Wed, 21 Feb 2024Kč749.7bKč421.0bKč86.3b11.4x8.7x1.8x
Fri, 19 Jan 2024Kč771.2bKč420.1bKč87.5b11.5x8.8x1.8x
Sun, 17 Dec 2023Kč775.5bKč420.1bKč87.5b11.2x8.9x1.8x
Tue, 14 Nov 2023Kč790.5bKč423.0bKč87.0b11.3x9.1x1.9x
Thu, 12 Oct 2023Kč792.8bKč423.7bKč98.3b11.3x8.1x1.9x
Sat, 09 Sep 2023Kč765.3bKč423.4bKč98.3b21.7x7.8x1.8x
Mon, 07 Aug 2023Kč788.1bKč400.4bKč93.7b14.8x8.4x2x
Wed, 05 Jul 2023Kč750.0bKč400.0bKč94.2b10.7x8x1.9x
Fri, 02 Jun 2023Kč795.6bKč400.3bKč94.1b10.4x8.5x2x
Sun, 30 Apr 2023Kč881.0bKč382.6bKč110.0b10.4x8x2.3x
Tue, 28 Mar 2023Kč805.2bKč380.0bKč109.2b12.1x7.4x2.1x
Price to Earnings Ratio

7.4x


Total Market Cap: Kč805.2bTotal Earnings: Kč109.2bTotal Revenue: Kč380.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Czech Market Price to Earnings3Y Average 13.8x202420252026
Current Market PE
  • Investors are optimistic on the Czech market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 18.7x which is higher than its 3-year average PE of 13.8x.
Past Earnings Growth
  • The earnings for Czech listed companies have declined 18% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.4% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Czech Market?

CZ Market3.68%
Utilities6.66%
Financials0.33%
Consumer Discretionary0.28%
Real Estate0%0
Telecom0%0
Industrials-0.47%
Consumer Staples-2.58%
Tech-5.31%
Materials-17.62%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 110x.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Financials sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 10.1x.
Forecasted Growth
  • Analysts are most optimistic on the Industrials sector, expecting annual earnings growth of 38% over the next 5 years.
  • This is better than its past earnings growth rate of 9.3% per year.
  • In contrast, the Utilities sector is expected to see its earnings grow by 2.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
CEZ CEZ a. sKč1.23k6.7%
+Kč41.3b		13.1%PE23.4xUtilities
MONET MONETA Money BankKč186.202.4%
+Kč2.2b		28.4%PB3xFinancials
EFORU E4UKč298.004.2%
+Kč28.7m		46.1%PE14xUtilities
KARIN KARO INVESTKč173.002.4%
+Kč27.6m		13.1%n/aConsumer Discretionary
FTSHP FootshopKč93.002.2%
+Kč21.1m		-8.8%PE42.8xConsumer Discretionary
See more

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Latest News

MONET
Kč186.20
MONETA Money Bank
7D
2.4%
1Y
28.4%
GEV
Kč191.00
GEVORKYAN s.r.o
7D
-17.7%
1Y
-27.7%
CEZ
Kč1,227.00
CEZ a. s
7D
6.7%
1Y
13.1%
PVT
Kč1.55
RMS Mezzanine
7D
-5.5%
1Y
3.3%
KOMB
Kč1,107.00
Komercní banka
7D
-0.5%
1Y
2.2%

KOMB: Fairly Priced Outlook Will Rely On Margins And Required Returns

Analysts have lifted their fair value estimate for Komercní banka from Kč1,079.10 to Kč1,142.71 as they factor in updated assumptions for the discount rate, revenue growth, profit margin and future P/E ratio. Valuation Changes Fair Value Estimate revised from Kč1,079.10 to Kč1,142.71, indicating a modest uplift in the assessed long term value per share.
TABAK
Kč19,260.00
Philip Morris CR
7D
-2.7%
1Y
9.4%
BEZVA
Kč454.00
Bezvavlasy
7D
-3.8%
1Y
-36.1%
KOFOL
Kč461.50
Kofola CeskoSlovensko
7D
-1.8%
1Y
2.8%
EFORU
Kč298.00
E4U
7D
4.2%
1Y
46.1%
PINK
Kč118.00
Pilulka Lékárny
7D
-7.1%
1Y
-32.6%
M2C
Kč230.00
Mark2 Corporation Investment
7D
0.9%
1Y
n/a
DSPW
Kč392.00
Doosan Skoda Power s.r.o
7D
-2.7%
1Y
15.3%
TOMA
Kč1,390.00
TOMA
7D
0.7%
1Y
-2.8%

Weak Statutory Earnings May Not Tell The Whole Story For TOMA (SEP:TOMA)

Oct 05
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KARIN
Kč173.00
KARO INVEST
7D
2.4%
1Y
13.1%
FTSHP
Kč93.00
Footshop
7D
2.2%
1Y
-8.8%