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Polish (WIG) Market Analysis & Valuation

UpdatedNov 20, 2025
DataAggregated Company Financials
Companies632
  • 7D-1.9%
  • 3M2.3%
  • 1Y33.2%
  • YTD30.4%

Over the past 7 days, the market has dropped 2.1% with the Utilities sector contributing the most to the decline. In the last year, the market is actually up 35%. 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, 21 Nov 2025zł1.1tzł1.2tzł55.8b12.9x19.2x0.9x
Sun, 19 Oct 2025zł1.0tzł1.2tzł55.1b13.1x18.9x0.9x
Tue, 16 Sep 2025zł1.0tzł1.2tzł47.6b13.1x22x0.9x
Thu, 14 Aug 2025zł1.1tzł1.2tzł56.2b12.9x19.2x0.9x
Sat, 12 Jul 2025zł1.0tzł1.2tzł53.9b12.8x19.3x0.9x
Mon, 09 Jun 2025zł987.1bzł1.2tzł53.9b13.2x18.3x0.8x
Wed, 07 May 2025zł994.9bzł1.2tzł48.4b12.9x20.6x0.8x
Fri, 04 Apr 2025zł958.3bzł1.2tzł51.2b12.5x18.7x0.8x
Sun, 02 Mar 2025zł934.0bzł1.2tzł48.4b12.6x19.3x0.8x
Tue, 28 Jan 2025zł869.1bzł1.2tzł42.8b11.6x20.3x0.7x
Thu, 26 Dec 2024zł804.9bzł1.2tzł42.9b10.6x18.8x0.7x
Sat, 23 Nov 2024zł806.4bzł1.2tzł51.3b11.2x15.7x0.7x
Mon, 21 Oct 2024zł839.3bzł1.2tzł53.5b11.7x15.7x0.7x
Wed, 18 Sep 2024zł827.8bzł1.2tzł53.3b11.9x15.5x0.7x
Fri, 16 Aug 2024zł829.8bzł1.2tzł58.1b11.7x14.3x0.7x
Sun, 14 Jul 2024zł898.1bzł1.2tzł58.1b12.4x15.5x0.7x
Tue, 11 Jun 2024zł862.9bzł1.2tzł57.9b12.2x14.9x0.7x
Thu, 09 May 2024zł894.3bzł1.3tzł66.4b12.2x13.5x0.7x
Sat, 06 Apr 2024zł881.7bzł1.3tzł77.9b12.4x11.3x0.7x
Mon, 04 Mar 2024zł868.2bzł1.3tzł86.2b12.8x10.1x0.7x
Wed, 31 Jan 2024zł815.5bzł1.3tzł90.7b12.7x9x0.6x
Fri, 29 Dec 2023zł844.3bzł1.3tzł90.5b12.8x9.3x0.7x
Sun, 26 Nov 2023zł799.2bzł1.3tzł91.8b12.1x8.7x0.6x
Tue, 24 Oct 2023zł731.5bzł1.3tzł88.1b12x8.3x0.6x
Thu, 21 Sep 2023zł725.0bzł1.3tzł90.6b12.6x8x0.6x
Sat, 19 Aug 2023zł740.2bzł1.2tzł93.8b12.6x7.9x0.6x
Mon, 17 Jul 2023zł769.6bzł1.2tzł92.8b13x8.3x0.6x
Wed, 14 Jun 2023zł726.3bzł1.2tzł92.4b12.4x7.9x0.6x
Fri, 12 May 2023zł705.3bzł1.1tzł88.1b11.9x8x0.6x
Sun, 09 Apr 2023zł657.4bzł1.1tzł89.0b11.4x7.4x0.6x
Tue, 07 Mar 2023zł685.9bzł1.1tzł94.7b11.7x7.2x0.6x
Thu, 02 Feb 2023zł676.0bzł1.0tzł76.7b10.6x8.8x0.7x
Sat, 31 Dec 2022zł649.9bzł1.0tzł76.8b10.1x8.5x0.6x
Mon, 28 Nov 2022zł637.5bzł1.0tzł69.9b10.2x9.1x0.6x
Price to Earnings Ratio

9.1x


Total Market Cap: zł637.5bTotal Earnings: zł69.9bTotal Revenue: zł1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Polish Market Price to Earnings3Y Average 13.4x202320242025
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 19.2x which is higher than its 3-year average PE of 13.4x.
Past Earnings Growth
  • The earnings for Polish listed companies have declined 7.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.9% 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-1.90%
Consumer Staples0.99%
Industrials0.032%
Financials-0.80%
Real Estate-1.19%
Materials-1.37%
Healthcare-1.79%
Energy-2.45%
Tech-3.04%
Telecom-3.71%
Consumer Discretionary-3.94%
Utilities-7.26%
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 114x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 18.3% which is higher than its past year's earnings decline of 11.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings decline of 54% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 4.7% 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
ZAB Zabka Groupzł24.184.0%
+zł939.2m		29.3%PE31.8xConsumer Staples
ING ING Bank Slaskizł338.002.0%
+zł845.7m		38.2%PB2.3xFinancials
PZU Powszechny Zaklad Ubezpieczenzł61.801.0%
+zł518.1m		44.8%PE8.7xFinancials
BFT Benefit Systemszł3.15k4.1%
+zł409.5m		21.9%PE23xIndustrials
BDX Budimexzł587.001.8%
+zł270.6m		20.2%PE24.6xIndustrials
See more

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