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Polish (WIG) Market Analysis & Valuation

UpdatedAug 14, 2025
DataAggregated Company Financials
Companies645
  • 7D1.7%
  • 3M4.8%
  • 1Y26.7%
  • YTD31.2%

The market has climbed 1.7% in the last 7 days, lead by the Financials sector with a gain of 5.1%. In contrast, the Energy sector is lagging, dropping 6.7%. The market is up 27% over the last 12 months. Earnings are forecast to grow by 14% annually.

Trending IndustriesBiotechSoftware

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 14 Aug 2025zł1.1tzł1.2tzł56.2b12.9x19.2x0.9x
Sat, 12 Jul 2025zł1.0tzł1.2tzł53.9b12.8x19.3x0.9x
Mon, 09 Jun 2025zł987.1bzł1.2tzł53.9b13.2x18.3x0.8x
Wed, 07 May 2025zł994.9bzł1.2tzł48.4b12.9x20.6x0.8x
Fri, 04 Apr 2025zł958.3bzł1.2tzł51.2b12.5x18.7x0.8x
Sun, 02 Mar 2025zł934.0bzł1.2tzł48.4b12.6x19.3x0.8x
Tue, 28 Jan 2025zł869.1bzł1.2tzł42.8b11.6x20.3x0.7x
Thu, 26 Dec 2024zł804.9bzł1.2tzł42.9b10.6x18.8x0.7x
Sat, 23 Nov 2024zł806.4bzł1.2tzł51.3b11.2x15.7x0.7x
Mon, 21 Oct 2024zł839.3bzł1.2tzł53.5b11.7x15.7x0.7x
Wed, 18 Sep 2024zł827.8bzł1.2tzł53.3b11.9x15.5x0.7x
Fri, 16 Aug 2024zł829.8bzł1.2tzł58.1b11.7x14.3x0.7x
Sun, 14 Jul 2024zł898.1bzł1.2tzł58.1b12.4x15.5x0.7x
Tue, 11 Jun 2024zł862.9bzł1.2tzł57.9b12.2x14.9x0.7x
Thu, 09 May 2024zł894.3bzł1.3tzł66.4b12.2x13.5x0.7x
Sat, 06 Apr 2024zł881.7bzł1.3tzł77.9b12.4x11.3x0.7x
Mon, 04 Mar 2024zł868.2bzł1.3tzł86.2b12.8x10.1x0.7x
Wed, 31 Jan 2024zł815.5bzł1.3tzł90.7b12.7x9x0.6x
Fri, 29 Dec 2023zł844.3bzł1.3tzł90.5b12.8x9.3x0.7x
Sun, 26 Nov 2023zł799.2bzł1.3tzł91.8b12.1x8.7x0.6x
Tue, 24 Oct 2023zł731.5bzł1.3tzł88.1b12x8.3x0.6x
Thu, 21 Sep 2023zł725.0bzł1.3tzł90.6b12.6x8x0.6x
Sat, 19 Aug 2023zł740.2bzł1.2tzł93.8b12.6x7.9x0.6x
Mon, 17 Jul 2023zł769.6bzł1.2tzł92.8b13x8.3x0.6x
Wed, 14 Jun 2023zł726.3bzł1.2tzł92.4b12.4x7.9x0.6x
Fri, 12 May 2023zł705.3bzł1.1tzł88.1b11.9x8x0.6x
Sun, 09 Apr 2023zł657.4bzł1.1tzł89.0b11.4x7.4x0.6x
Tue, 07 Mar 2023zł685.9bzł1.1tzł94.7b11.7x7.2x0.6x
Thu, 02 Feb 2023zł676.0bzł1.0tzł76.7b10.6x8.8x0.7x
Sat, 31 Dec 2022zł649.9bzł1.0tzł76.8b10.1x8.5x0.6x
Mon, 28 Nov 2022zł637.5bzł1.0tzł69.9b10.2x9.1x0.6x
Wed, 26 Oct 2022zł544.5bzł1.1tzł88.5b9.3x6.1x0.5x
Fri, 23 Sep 2022zł576.3bzł1.1tzł89.8b9.4x6.4x0.5x
Sun, 21 Aug 2022zł630.9bzł1.0tzł95.6b9.8x6.6x0.6x
Price to Earnings Ratio

6.6x


Total Market Cap: zł630.9bTotal Earnings: zł95.6bTotal Revenue: zł1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Polish Market Price to Earnings3Y Average 12.2x202320242025
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 19.2x which is higher than its 3-year average PE of 12.2x.
Past Earnings Growth
  • The earnings for Polish listed companies have declined 16% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.8% 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 Market1.73%
Financials5.09%
Materials4.49%
Healthcare2.15%
Industrials1.88%
Telecom0.92%
Consumer Discretionary0.84%
Real Estate0.82%
Utilities-0.71%
Consumer Staples-0.83%
Tech-3.61%
Energy-6.71%
Sector PE
  • Investors favour the Industrials sector the most for future growth, which is trading above its 3-year average PE ratio of 85.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 22.1% which is higher than its past year's earnings decline of 10.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings growth rate of 4.9% per year.
  • In contrast, the Financials sector is expected to see its earnings grow by 4.6% 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 Akcyjnazł85.147.2%
+zł7.2b		55.6%PB2046.6xFinancials
MBK mBankzł995.0010.2%
+zł3.9b		65.4%PB2.3xFinancials
SPL Santander Bank Polskazł567.205.1%
+zł2.8b		14.5%PB1.9xFinancials
ALE Allegro.euzł37.904.8%
+zł1.8b		-0.8%PE36.6xConsumer Discretionary
KGH KGHM Polska Miedzzł136.756.8%
+zł1.8b		9.1%PE9.9xMaterials
See more

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zł218.10
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2.6%
1Y
42.0%
SPL
zł567.20
Santander Bank Polska
7D
5.1%
1Y
14.5%
PKN
zł78.56
Orlen
7D
-6.8%
1Y
24.7%
ASE
zł74.00
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7D
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zł995.00
mBank
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KGH
zł136.75
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DOM
zł238.00
Dom Development
7D
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1Y
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zł37.90
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4.8%
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PZU
zł65.50
Powszechny Zaklad Ubezpieczen
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LBW
zł8.55
Lubawa
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