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Polish (WIG) Market Analysis & Valuation

UpdatedDec 19, 2025
DataAggregated Company Financials
Companies635
  • 7D0.6%
  • 3M7.1%
  • 1Y34.9%
  • YTD33.1%

The Consumer Discretionary sector gained 3.7% while the market remained flat over the last week. As for the longer term, the market has risen 35% in the past 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
Fri, 19 Dec 2025zł1.1tzł1.2tzł58.8b11.9x18.7x0.9x
Sun, 16 Nov 2025zł1.1tzł1.2tzł55.8b13x19.5x0.9x
Tue, 14 Oct 2025zł1.0tzł1.2tzł55.1b13.4x19x0.9x
Thu, 11 Sep 2025zł1.0tzł1.2tzł58.6b12.8x17.6x0.9x
Sat, 09 Aug 2025zł1.1tzł1.2tzł55.7b12.9x19.5x0.9x
Mon, 07 Jul 2025zł1.0tzł1.2tzł54.0b12.9x19.4x0.9x
Wed, 04 Jun 2025zł995.1bzł1.2tzł53.9b13.4x18.5x0.8x
Fri, 02 May 2025zł1.0tzł1.2tzł46.3b12.9x21.6x0.8x
Sun, 30 Mar 2025zł992.2bzł1.2tzł51.1b12.8x19.4x0.8x
Tue, 25 Feb 2025zł928.9bzł1.2tzł43.9b12.7x21.1x0.8x
Thu, 23 Jan 2025zł854.8bzł1.2tzł42.9b11.6x19.9x0.7x
Sat, 21 Dec 2024zł804.1bzł1.2tzł42.4b10.8x19x0.7x
Mon, 18 Nov 2024zł807.7bzł1.2tzł50.9b11.5x15.9x0.7x
Wed, 16 Oct 2024zł822.6bzł1.2tzł53.4b11.6x15.4x0.7x
Fri, 13 Sep 2024zł814.2bzł1.2tzł55.8b11.7x14.6x0.7x
Sun, 11 Aug 2024zł804.3bzł1.2tzł57.9b11.6x13.9x0.7x
Tue, 09 Jul 2024zł890.9bzł1.2tzł58.1b12.4x15.3x0.7x
Thu, 06 Jun 2024zł868.3bzł1.2tzł57.9b12.6x15x0.7x
Sat, 04 May 2024zł873.1bzł1.3tzł65.4b12x13.4x0.7x
Mon, 01 Apr 2024zł874.0bzł1.3tzł85.1b12.6x10.3x0.7x
Wed, 28 Feb 2024zł877.0bzł1.3tzł86.7b12.6x10.1x0.7x
Fri, 26 Jan 2024zł805.5bzł1.3tzł90.6b12.6x8.9x0.6x
Sun, 24 Dec 2023zł840.6bzł1.3tzł91.3b12.4x9.2x0.7x
Tue, 21 Nov 2023zł800.9bzł1.3tzł93.0b11.9x8.6x0.6x
Thu, 19 Oct 2023zł755.2bzł1.3tzł88.1b12.1x8.6x0.6x
Sat, 16 Sep 2023zł725.0bzł1.2tzł91.5b12.5x7.9x0.6x
Mon, 14 Aug 2023zł763.9bzł1.2tzł93.9b13.3x8.1x0.6x
Wed, 12 Jul 2023zł746.7bzł1.2tzł92.7b13x8.1x0.6x
Fri, 09 Jun 2023zł733.4bzł1.2tzł92.4b12.1x7.9x0.6x
Sun, 07 May 2023zł698.2bzł1.2tzł91.2b11.9x7.7x0.6x
Tue, 04 Apr 2023zł664.3bzł1.1tzł89.9b11.4x7.4x0.6x
Thu, 02 Mar 2023zł678.2bzł1.1tzł93.6b11.4x7.2x0.6x
Sat, 28 Jan 2023zł690.1bzł1.0tzł76.8b10.6x9x0.7x
Mon, 26 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 Market0.63%
Consumer Discretionary3.75%
Consumer Staples2.84%
Materials2.24%
Financials1.12%
Real Estate-0.15%
Industrials-0.60%
Utilities-1.04%
Tech-1.68%
Energy-2.16%
Healthcare-2.54%
Telecom-3.52%
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 25.4%, 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
PKO Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjnazł84.143.6%
+zł3.7b		41.1%PB2xFinancials
KGH KGHM Polska Miedzzł261.006.7%
+zł3.3b		124.1%PE20.3xMaterials
SPL Santander Bank Polskazł538.804.4%
+zł2.3b		16.7%PB1.7xFinancials
PZU Powszechny Zaklad Ubezpieczenzł67.924.0%
+zł2.2b		47.3%PE8.5xFinancials
LPP LPPzł21.10k4.9%
+zł1.8b		34.0%PE31.7xConsumer Discretionary
See more

Market Insights

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CDR
zł242.00
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7D
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KGH
zł261.00
KGHM Polska Miedz
7D
6.7%
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SPL
zł538.80
Santander Bank Polska
7D
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1Y
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LPP
zł21,100.00
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MBK
zł1,056.50
mBank
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4.1%
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PZU
zł67.92
Powszechny Zaklad Ubezpieczen
7D
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PKO
zł84.14
Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna
7D
3.6%
1Y
41.1%

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