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Polish (WIG) Market Analysis & Valuation

UpdatedDec 28, 2025
DataAggregated Company Financials
Companies634
  • 7D0.6%
  • 3M7.8%
  • 1Y37.6%
  • YTD35.2%

In the last week, the market has stayed flat, however the Materials sector stood out, gaining 3.8%. Meanwhile, the market is actually up 38% over the past year. As for the next few years, earnings are expected to grow by 17% per annum.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 29 Dec 2025zł1.1tzł1.2tzł58.8b12x19x0.9x
Wed, 26 Nov 2025zł1.1tzł1.2tzł59.0b12.3x18.2x0.9x
Fri, 24 Oct 2025zł1.1tzł1.2tzł55.1b13.5x19.6x0.9x
Sun, 21 Sep 2025zł1.0tzł1.2tzł49.9b13.4x20.6x0.9x
Tue, 19 Aug 2025zł1.1tzł1.2tzł56.1b12.9x19.1x0.9x
Thu, 17 Jul 2025zł1.0tzł1.2tzł54.1b12.9x19.3x0.9x
Sat, 14 Jun 2025zł989.0bzł1.2tzł53.9b12.9x18.4x0.8x
Mon, 12 May 2025zł1.0tzł1.2tzł48.3b13.1x21.4x0.9x
Wed, 09 Apr 2025zł918.4bzł1.2tzł51.3b12.1x17.9x0.8x
Fri, 07 Mar 2025zł948.3bzł1.2tzł48.0b12.5x19.8x0.8x
Sun, 02 Feb 2025zł883.8bzł1.2tzł42.8b11.9x20.6x0.7x
Tue, 31 Dec 2024zł805.5bzł1.2tzł42.9b11x18.8x0.7x
Thu, 28 Nov 2024zł800.6bzł1.2tzł44.7b11.5x17.9x0.7x
Sat, 26 Oct 2024zł819.5bzł1.2tzł53.6b11.7x15.3x0.7x
Mon, 23 Sep 2024zł811.7bzł1.2tzł54.0b11.7x15x0.7x
Wed, 21 Aug 2024zł842.0bzł1.2tzł58.3b11.7x14.4x0.7x
Fri, 19 Jul 2024zł875.8bzł1.2tzł58.1b11.9x15.1x0.7x
Sun, 16 Jun 2024zł852.7bzł1.2tzł58.4b12.4x14.6x0.7x
Tue, 14 May 2024zł896.1bzł1.3tzł66.9b12x13.4x0.7x
Thu, 11 Apr 2024zł888.2bzł1.3tzł78.3b12.4x11.3x0.7x
Sat, 09 Mar 2024zł847.3bzł1.3tzł85.3b12.6x9.9x0.7x
Mon, 05 Feb 2024zł853.4bzł1.3tzł91.3b13x9.3x0.7x
Wed, 03 Jan 2024zł830.9bzł1.3tzł90.6b12.8x9.2x0.6x
Fri, 01 Dec 2023zł796.8bzł1.3tzł91.8b12.3x8.7x0.6x
Sun, 29 Oct 2023zł752.6bzł1.3tzł94.0b12x8x0.6x
Tue, 26 Sep 2023zł709.5bzł1.3tzł90.6b12.5x7.8x0.6x
Thu, 24 Aug 2023zł739.1bzł1.2tzł91.3b12.5x8.1x0.6x
Sat, 22 Jul 2023zł781.0bzł1.2tzł92.8b13.2x8.4x0.6x
Mon, 19 Jun 2023zł748.7bzł1.2tzł92.9b12.5x8.1x0.6x
Wed, 17 May 2023zł714.3bzł1.1tzł88.1b12x8.1x0.6x
Fri, 14 Apr 2023zł683.0bzł1.1tzł88.7b11.5x7.7x0.6x
Sun, 12 Mar 2023zł669.1bzł1.1tzł94.5b11.3x7.1x0.6x
Tue, 07 Feb 2023zł674.9bzł1.0tzł76.8b10.6x8.8x0.6x
Thu, 05 Jan 2023zł673.8bzł1.0tzł76.8b10.2x8.8x0.6x
Price to Earnings Ratio

8.8x


Total Market Cap: zł673.8bTotal Earnings: zł76.8bTotal Revenue: zł1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Polish Market Price to Earnings3Y Average 13.7x20242025
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 19.0x which is higher than its 3-year average PE of 13.7x.
Past Earnings Growth
  • The earnings for Polish listed companies have declined 8.5% 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 Market0.61%
Materials3.77%
Telecom2.04%
Tech1.37%
Healthcare0.85%
Utilities0.84%
Energy0.79%
Real Estate0.40%
Consumer Discretionary0.26%
Financials0.08%
Industrials-0.11%
Consumer Staples-0.11%
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 25.1%, 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 3.1% 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
KGH KGHM Polska Miedzzł273.804.9%
+zł2.6b		133.3%PE21.3xMaterials
CPS Cyfrowy Polsatzł12.2914.3%
+zł981.7m		-13.0%PE19.6xTelecom
PCO Pepco Groupzł29.705.7%
+zł915.9m		80.7%PS0.6xConsumer Discretionary
PKN Orlenzł93.890.8%
+zł847.5m		100.2%PE17xEnergy
BHW Bank Handlowy w Warszawiezł106.003.5%
+zł469.8m		19.1%PB1.5xFinancials
See more

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