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Polish (WIG) Market Analysis & Valuation

UpdatedSep 15, 2026
DataAggregated Company Financials
Companies626
  • 7D0.2%
  • 3M8.3%
  • 1Y36.7%
  • YTD23.1%

In the last week, the market has stayed flat, however the Utilities sector stood out, gaining 4.0%. Meanwhile, the market is actually up 38% over the past year. Looking forward, earnings are forecast to grow by 11% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 15 Sep 2026zł1.4tzł1.2tzł86.6b12.3x16.6x1.2x
Thu, 13 Aug 2026zł1.4tzł1.2tzł85.0b13.5x16.7x1.2x
Sat, 11 Jul 2026zł1.3tzł1.2tzł78.4b13.3x17.1x1.1x
Mon, 08 Jun 2026zł1.3tzł1.2tzł77.8b13.2x16.5x1.1x
Wed, 06 May 2026zł1.3tzł1.2tzł84.1b12.8x14.9x1.1x
Fri, 03 Apr 2026zł1.2tzł1.2tzł71.7b12.2x17x1x
Sun, 01 Mar 2026zł1.2tzł1.2tzł69.2b12.8x17.7x1x
Tue, 27 Jan 2026zł1.2tzł1.2tzł63.3b12.9x18.8x1x
Thu, 25 Dec 2025zł1.1tzł1.2tzł58.8b12x19x0.9x
Sat, 22 Nov 2025zł1.1tzł1.2tzł58.8b12.3x18x0.9x
Mon, 20 Oct 2025zł1.0tzł1.2tzł55.1b13.1x18.9x0.9x
Wed, 17 Sep 2025zł1.0tzł1.2tzł47.6b13x21.7x0.9x
Fri, 15 Aug 2025zł1.1tzł1.2tzł56.2b13x19x0.9x
Sun, 13 Jul 2025zł1.0tzł1.2tzł53.9b12.9x19.3x0.9x
Tue, 10 Jun 2025zł996.6bzł1.2tzł53.9b12.9x18.5x0.8x
Thu, 08 May 2025zł1.0tzł1.2tzł48.4b13.2x20.8x0.8x
Sat, 05 Apr 2025zł903.5bzł1.2tzł51.3b12.2x17.6x0.8x
Mon, 03 Mar 2025zł934.0bzł1.2tzł48.1b12.6x19.4x0.8x
Wed, 29 Jan 2025zł865.8bzł1.2tzł42.9b11.9x20.2x0.7x
Fri, 27 Dec 2024zł804.9bzł1.2tzł42.9b10.6x18.8x0.7x
Sun, 24 Nov 2024zł806.3bzł1.2tzł51.3b11.3x15.7x0.7x
Tue, 22 Oct 2024zł833.8bzł1.2tzł53.5b11.7x15.6x0.7x
Thu, 19 Sep 2024zł826.4bzł1.2tzł53.3b11.9x15.5x0.7x
Sat, 17 Aug 2024zł851.6bzł1.2tzł58.1b11.8x14.7x0.7x
Mon, 15 Jul 2024zł898.1bzł1.2tzł58.1b12.4x15.5x0.7x
Wed, 12 Jun 2024zł852.7bzł1.2tzł57.9b12.3x14.7x0.7x
Fri, 10 May 2024zł898.2bzł1.3tzł67.0b12x13.4x0.7x
Sun, 07 Apr 2024zł881.7bzł1.3tzł77.8b12.4x11.3x0.7x
Tue, 05 Mar 2024zł859.0bzł1.3tzł86.2b12.7x10x0.7x
Thu, 01 Feb 2024zł828.6bzł1.3tzł90.8b12.8x9.1x0.6x
Sat, 30 Dec 2023zł840.0bzł1.3tzł90.5b12.8x9.3x0.7x
Mon, 27 Nov 2023zł799.2bzł1.3tzł91.8b12.4x8.7x0.6x
Wed, 25 Oct 2023zł731.5bzł1.3tzł88.2b11.8x8.3x0.6x
Fri, 22 Sep 2023zł717.2bzł1.3tzł90.6b12.5x7.9x0.6x
Price to Earnings Ratio

7.9x


Total Market Cap: zł717.2bTotal Earnings: zł90.6bTotal Revenue: zł1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Polish Market Price to Earnings3Y Average 15.9x202420252026
Current Market PE
  • Investors are relatively neutral on the Polish market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 15.9x.
Past Earnings Growth
  • Both revenue and earnings for Polish listed companies have remained mostly flat over the last three years.
  • This means sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Sector Trends

Which sectors have driven the changes within the Polish Market?

PL Market0.19%
Energy2.55%
Utilities1.72%
Financials1.29%
Telecom1.05%
Healthcare-0.60%
Consumer Discretionary-1.13%
Industrials-1.23%
Consumer Staples-1.63%
Tech-1.86%
Real Estate-3.00%
Materials-6.08%
Sector PE
  • Investors favour the Utilities sector the most for future growth, which is trading above its 3-year average PE ratio of 6.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 29.4%, which is higher than its past year's earnings growth of 18.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings decline of 1.7% per year.
  • In contrast, the Healthcare industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
PKN Orlenzł162.602.5%
+zł4.6b		96.5%PE14.9xEnergy
PKO Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjnazł119.942.6%
+zł3.8b		67.0%PB2.7xFinancials
MBK mBankzł1.46k3.4%
+zł2.1b		57.9%PB2.7xFinancials
EBP Erste Bank Polskazł759.402.2%
+zł1.6b		50.6%PB2.4xFinancials
PGE PGE Polska Grupa Energetycznazł13.784.6%
+zł1.4b		21.5%PS0.5xUtilities
See more

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Latest News

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Narrative Update • Sep 10

LPP: Improved Margin And P/E Assumptions Will Support Future Share Strength

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Analysis Article • Aug 24

Dino Polska S.A. (WSE:DNP) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

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