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Polish (WIG) Market Analysis & Valuation

UpdatedNov 06, 2025
DataAggregated Company Financials
Companies632
  • 7D-1.3%
  • 3M0.2%
  • 1Y31.5%
  • YTD31.4%

Over the last 7 days, the market has dropped 1.3%, driven by a decline of 1.9% in the Financials sector. In the last year, the market is actually up 32%. Earnings are forecast to grow by 16% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 07 Nov 2025zł1.1tzł1.2tzł55.3b13.5x19.6x0.9x
Sun, 05 Oct 2025zł1.0tzł1.2tzł55.4b13x18.9x0.9x
Tue, 02 Sep 2025zł1.0tzł1.2tzł57.7b13.1x17.6x0.9x
Thu, 31 Jul 2025zł1.1tzł1.2tzł54.3b12.9x19.8x0.9x
Sat, 28 Jun 2025zł1.0tzł1.2tzł54.0b13x19x0.9x
Mon, 26 May 2025zł996.9bzł1.2tzł55.7b13.6x17.9x0.8x
Wed, 23 Apr 2025zł986.2bzł1.2tzł45.9b12.7x21.5x0.8x
Fri, 21 Mar 2025zł989.2bzł1.2tzł51.2b12.7x19.3x0.8x
Sun, 16 Feb 2025zł931.5bzł1.2tzł43.9b12.2x21.2x0.8x
Tue, 14 Jan 2025zł821.6bzł1.2tzł42.9b11.4x19.2x0.7x
Thu, 12 Dec 2024zł832.1bzł1.2tzł41.8b10.9x19.9x0.7x
Sat, 09 Nov 2024zł835.2bzł1.2tzł55.5b11.5x15.1x0.7x
Mon, 07 Oct 2024zł811.7bzł1.2tzł53.3b11.8x15.2x0.7x
Wed, 04 Sep 2024zł852.2bzł1.2tzł55.1b11.9x15.5x0.7x
Fri, 02 Aug 2024zł842.4bzł1.2tzł58.3b11.9x14.5x0.7x
Sun, 30 Jun 2024zł896.3bzł1.2tzł58.3b12.4x15.4x0.7x
Tue, 28 May 2024zł894.2bzł1.2tzł57.9b12.6x15.5x0.7x
Thu, 25 Apr 2024zł872.7bzł1.3tzł77.3b11.7x11.3x0.7x
Sat, 23 Mar 2024zł857.3bzł1.3tzł85.0b12.3x10.1x0.7x
Mon, 19 Feb 2024zł844.7bzł1.3tzł90.0b12.5x9.4x0.7x
Wed, 17 Jan 2024zł805.9bzł1.3tzł90.6b12.6x8.9x0.6x
Fri, 15 Dec 2023zł829.4bzł1.3tzł91.1b12.6x9.1x0.6x
Sun, 12 Nov 2023zł768.6bzł1.3tzł91.4b11.8x8.4x0.6x
Tue, 10 Oct 2023zł698.9bzł1.2tzł87.8b12x8x0.6x
Thu, 07 Sep 2023zł722.2bzł1.2tzł114.9b12.6x6.3x0.6x
Sat, 05 Aug 2023zł781.8bzł1.2tzł93.4b13.3x8.4x0.6x
Mon, 03 Jul 2023zł743.4bzł1.2tzł92.7b12.8x8x0.6x
Wed, 31 May 2023zł710.9bzł1.2tzł92.3b12.4x7.7x0.6x
Fri, 28 Apr 2023zł709.3bzł1.2tzł91.2b11.9x7.8x0.6x
Sun, 26 Mar 2023zł630.7bzł1.1tzł95.1b11.2x6.6x0.6x
Tue, 21 Feb 2023zł674.5bzł1.0tzł81.5b11x8.3x0.6x
Thu, 19 Jan 2023zł688.3bzł1.0tzł76.8b10.4x9x0.7x
Sat, 17 Dec 2022zł632.1bzł1.0tzł76.9b9.9x8.2x0.6x
Mon, 14 Nov 2022zł585.3bzł982.5bzł75.8b9.8x7.7x0.6x
Price to Earnings Ratio

7.7x


Total Market Cap: zł585.3bTotal Earnings: zł75.8bTotal Revenue: zł982.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Polish Market Price to Earnings3Y Average 13.2x202320242025
Current Market PE
  • Investors are optimistic on the Polish market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 19.6x which is higher than its 3-year average PE of 13.2x.
Past Earnings Growth
  • The earnings for Polish listed companies have declined 9.1% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.8% 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 Polish Market?

PL Market-1.29%
Utilities2.72%
Healthcare1.32%
Real Estate1.06%
Consumer Staples0.99%
Industrials0.16%
Consumer Discretionary-1.25%
Energy-1.83%
Financials-1.87%
Telecom-2.37%
Tech-3.39%
Materials-3.82%
Sector PE
  • Investors favour the Industrials sector the most for future growth even though it's trading below its 3-year average PE ratio of 113x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 19.5% which is higher than its past year's earnings decline of 11.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 38% over the next 5 years.
  • This is better than its past earnings decline of 44% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 4.6% 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
PZU Powszechny Zaklad Ubezpieczenzł61.002.5%
+zł1.3b		46.2%PE8.6xFinancials
TPE TAURON Polska Energiazł10.576.4%
+zł1.1b		196.3%PE5.9xUtilities
ENA ENEAzł22.909.8%
+zł1.1b		104.3%PE11.7xUtilities
PGE PGE Polska Grupa Energetycznazł11.653.1%
+zł774.1m		68.5%PS0.4xUtilities
ING ING Bank Slaskizł321.001.3%
+zł520.4m		25.9%PB2.4xFinancials
See more

Market Insights

Header cover image
🏦 Room to Run: A Look at Where the Financial Sector Could Go
Richard Bowman avatar
Richard Bowman
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The AI capex boom is getting all of the attention, but behind that flurry of spending is an entire corner of the market that many are overlooking: Financials. Three key factors underpin the sector’s medium-term potential: a steepening yield curve, heightened IPO activity, and surging business spending together could boost financial stocks and ETFs higher.
Continue reading
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KRU
zł459.00
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zł15.68
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LPP
zł17,725.00
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PZU
zł61.00
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1Y
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zł250.00
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