Narrative Update • Jul 15

The Insurance industry is up 2.4% in the last week, with Powszechny Zaklad Ubezpieczen up 2.5%. This means that the industry has gained 15% over the past year. Looking forward, earnings are forecast to grow by 2.9% annually.
Has the Polish Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 Jul 2026 | zł61.8b | zł63.0b | zł6.4b | 7.1x | 9.6x | 1x |
| Sat, 20 Jun 2026 | zł59.0b | zł63.0b | zł6.4b | 6.9x | 9.2x | 0.9x |
| Mon, 18 May 2026 | zł54.5b | zł63.0b | zł6.4b | 6.3x | 8.5x | 0.9x |
| Wed, 15 Apr 2026 | zł59.6b | zł63.8b | zł6.9b | 6.1x | 8.7x | 0.9x |
| Fri, 13 Mar 2026 | zł53.9b | zł63.8b | zł6.9b | 5.7x | 7.9x | 0.8x |
| Sun, 08 Feb 2026 | zł62.2b | zł63.7b | zł7.1b | 6.2x | 8.8x | 1x |
| Tue, 06 Jan 2026 | zł59.4b | zł63.7b | zł7.1b | 6x | 8.4x | 0.9x |
| Thu, 04 Dec 2025 | zł54.3b | zł63.7b | zł7.1b | 5.6x | 7.7x | 0.9x |
| Sat, 01 Nov 2025 | zł51.6b | zł63.3b | zł6.3b | 6x | 8.2x | 0.8x |
| Mon, 29 Sep 2025 | zł48.3b | zł63.3b | zł6.3b | 5.8x | 7.7x | 0.8x |
| Wed, 27 Aug 2025 | zł55.2b | zł62.2b | zł6.0b | 6.6x | 9.2x | 0.9x |
| Fri, 25 Jul 2025 | zł54.5b | zł62.2b | zł6.0b | 6.6x | 9.1x | 0.9x |
| Sun, 22 Jun 2025 | zł52.4b | zł62.2b | zł6.0b | 6.4x | 8.8x | 0.8x |
| Tue, 20 May 2025 | zł54.6b | zł62.2b | zł6.0b | 7x | 9.2x | 0.9x |
| Thu, 17 Apr 2025 | zł49.1b | zł61.3b | zł5.5b | 6.6x | 9x | 0.8x |
| Sat, 15 Mar 2025 | zł48.6b | zł59.4b | zł5.4b | 6.7x | 9.1x | 0.8x |
| Mon, 10 Feb 2025 | zł44.6b | zł59.4b | zł5.4b | 6.5x | 8.3x | 0.8x |
| Wed, 08 Jan 2025 | zł41.9b | zł59.4b | zł5.4b | 5.8x | 7.8x | 0.7x |
| Fri, 06 Dec 2024 | zł40.2b | zł59.4b | zł5.4b | 5.7x | 7.5x | 0.7x |
| Sun, 03 Nov 2024 | zł34.7b | zł58.0b | zł5.1b | 5.3x | 6.8x | 0.6x |
| Tue, 01 Oct 2024 | zł36.7b | zł58.0b | zł5.1b | 5.4x | 7.2x | 0.6x |
| Thu, 29 Aug 2024 | zł42.4b | zł58.4b | zł5.1b | 5.8x | 8.4x | 0.7x |
| Sat, 27 Jul 2024 | zł42.1b | zł58.4b | zł5.1b | 5.8x | 8.3x | 0.7x |
| Mon, 24 Jun 2024 | zł43.1b | zł58.4b | zł5.1b | 6.1x | 8.5x | 0.7x |
| Wed, 22 May 2024 | zł46.3b | zł58.1b | zł5.1b | 6.7x | 9.1x | 0.8x |
| Fri, 19 Apr 2024 | zł44.3b | zł58.1b | zł5.1b | 6.8x | 8.7x | 0.8x |
| Sun, 17 Mar 2024 | zł41.5b | zł58.1b | zł5.1b | 6.4x | 8.2x | 0.7x |
| Tue, 13 Feb 2024 | zł41.9b | zł58.1b | zł5.1b | 6.6x | 8.2x | 0.7x |
| Thu, 11 Jan 2024 | zł40.5b | zł58.1b | zł5.1b | 6.3x | 8x | 0.7x |
| Sat, 09 Dec 2023 | zł42.1b | zł58.1b | zł5.1b | 6.4x | 8.3x | 0.7x |
| Mon, 06 Nov 2023 | zł41.2b | zł53.9b | zł4.3b | 7.3x | 9.5x | 0.8x |
| Wed, 04 Oct 2023 | zł35.1b | zł53.9b | zł4.3b | 6.5x | 8.1x | 0.7x |
| Fri, 01 Sep 2023 | zł36.3b | zł50.1b | zł3.7b | 7.8x | 9.7x | 0.7x |
| Sun, 30 Jul 2023 | zł35.8b | zł50.0b | zł3.7b | 9.6x | 9.7x | 0.7x |
9.7x
Which industries have driven the changes within the Polish Financials industry?
| PL Market | 1.09% | |
| Financials | -1.16% | |
| Insurance | 1.68% | |
| General Insurance | 1.69% | |
| Insurance Brokers | 0.67% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PZU Powszechny Zaklad Ubezpieczen | zł70.98 | 1.7% +zł1.0b | 14.5% | PE9.7x | |
| VOT Votum | zł45.30 | 0.7% +zł3.6m | 0.3% | PE4.4x |