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Polish (WIG) Market Analysis & Valuation

UpdatedDec 17, 2025
DataAggregated Company Financials
Companies634
  • 7D1.9%
  • 3M6.8%
  • 1Y35.3%
  • YTD32.9%

The market is up 1.9% over the last week, with the Financials sector leading the way, up 2.7%. The market is up 35% over the last 12 months. Earnings are forecast to grow by 17% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Dec 2025zł1.1tzł1.2tzł58.8b11.9x18.7x0.9x
Fri, 14 Nov 2025zł1.1tzł1.2tzł55.7b13x19.6x0.9x
Sun, 12 Oct 2025zł1.0tzł1.2tzł55.1b13.5x19x0.9x
Tue, 09 Sep 2025zł1.0tzł1.2tzł57.7b13.1x18.2x0.9x
Thu, 07 Aug 2025zł1.1tzł1.2tzł55.5b12.9x19.1x0.9x
Sat, 05 Jul 2025zł1.0tzł1.2tzł54.0b12.9x19.4x0.9x
Mon, 02 Jun 2025zł1.0tzł1.2tzł54.2b13.6x18.7x0.9x
Wed, 30 Apr 2025zł1.0tzł1.2tzł45.7b12.9x22.3x0.9x
Fri, 28 Mar 2025zł1.0tzł1.2tzł51.2b12.8x19.6x0.8x
Sun, 23 Feb 2025zł945.3bzł1.2tzł43.9b12.8x21.5x0.8x
Tue, 21 Jan 2025zł853.4bzł1.2tzł42.9b11.6x19.9x0.7x
Thu, 19 Dec 2024zł810.7bzł1.2tzł42.4b10.7x19.1x0.7x
Sat, 16 Nov 2024zł807.7bzł1.2tzł52.2b11.5x15.5x0.7x
Mon, 14 Oct 2024zł825.1bzł1.2tzł53.4b11.8x15.5x0.7x
Wed, 11 Sep 2024zł818.2bzł1.2tzł54.9b11.7x14.9x0.7x
Fri, 09 Aug 2024zł804.7bzł1.2tzł58.4b11.4x13.8x0.7x
Sun, 07 Jul 2024zł884.6bzł1.2tzł58.2b12.4x15.2x0.7x
Tue, 04 Jun 2024zł883.9bzł1.2tzł57.9b12.5x15.3x0.7x
Thu, 02 May 2024zł874.4bzł1.3tzł70.1b12x12.5x0.7x
Sat, 30 Mar 2024zł873.8bzł1.3tzł85.0b12.7x10.3x0.7x
Mon, 26 Feb 2024zł878.5bzł1.3tzł86.0b12.5x10.2x0.7x
Wed, 24 Jan 2024zł801.1bzł1.3tzł90.6b12.4x8.8x0.6x
Fri, 22 Dec 2023zł840.9bzł1.3tzł91.4b12.7x9.2x0.7x
Sun, 19 Nov 2023zł792.7bzł1.3tzł90.5b11.7x8.8x0.6x
Tue, 17 Oct 2023zł749.6bzł1.3tzł88.1b12.1x8.5x0.6x
Thu, 14 Sep 2023zł720.7bzł1.2tzł91.5b12.5x7.9x0.6x
Sat, 12 Aug 2023zł763.9bzł1.2tzł93.9b13.3x8.1x0.6x
Mon, 10 Jul 2023zł739.0bzł1.2tzł92.7b12.9x8x0.6x
Wed, 07 Jun 2023zł738.5bzł1.2tzł92.4b12x8x0.6x
Fri, 05 May 2023zł691.2bzł1.2tzł91.4b11.8x7.6x0.6x
Sun, 02 Apr 2023zł658.5bzł1.1tzł89.9b11.5x7.3x0.6x
Tue, 28 Feb 2023zł666.6bzł1.1tzł93.7b11.3x7.1x0.6x
Thu, 26 Jan 2023zł681.1bzł1.0tzł76.8b10.5x8.9x0.7x
Sat, 24 Dec 2022zł644.0bzł1.0tzł76.8b10.1x8.4x0.6x
Price to Earnings Ratio

8.4x


Total Market Cap: zł644.0bTotal Earnings: zł76.8bTotal Revenue: zł1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Polish Market Price to Earnings3Y Average 13.6x202320242025
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 18.7x which is higher than its 3-year average PE of 13.6x.
Past Earnings Growth
  • The earnings for Polish listed companies have declined 8.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.4% 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 Polish Market?

PL Market1.88%
Materials4.81%
Consumer Discretionary4.77%
Financials2.69%
Consumer Staples2.13%
Real Estate1.56%
Utilities-0.0051%
Industrials-0.32%
Energy-0.63%
Tech-1.33%
Telecom-1.56%
Healthcare-2.35%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 88.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 25.3%, which is higher than its past year's earnings growth of 15.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 56% over the next 5 years.
  • This is better than its past earnings decline of 34% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 3.0% 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
LPP LPPzł21.01k24.9%
+zł7.8b		31.0%PE31.6xConsumer Discretionary
KGH KGHM Polska Miedzzł259.607.5%
+zł3.6b		114.5%PE20.2xMaterials
SPL Santander Bank Polskazł523.805.3%
+zł2.7b		11.7%PB1.6xFinancials
PKO Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjnazł82.542.5%
+zł2.6b		36.9%PB2xFinancials
PZU Powszechny Zaklad Ubezpieczenzł66.923.8%
+zł2.1b		46.3%PE8.4xFinancials
See more

Market Insights

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