PZU stock: At 9.50 times earnings, PZU stock trails Zurich at 10.17

Published on 10/20/2026 at 15:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

H1 insurance revenue rose 2.80 percent to PLN 15.65 billion. PZU stock costs EUR 16.34 at Lang & Schwarz on October 20, 2026 at 3:10 p.m. CEST.

Valuation and reporting date

PZU trades at 9.50 times earnings versus 10.17 for Zurich Insurance Group on October 20, 2026.
First-half insurance revenue rose 2.80 percent to PLN 15.65 billion.
PZU stock costs EUR 16.34 at Lang & Schwarz on October 20, 2026 at 3:10 p.m. CEST.
PZU's next financial report is scheduled for November 19, 2026.

PZU, PLPZU0000011, Illustration mit AI erstellt.

PZU (ISIN PLPZU0000011) trades at 9.50 times earnings, below Zurich Insurance Group at 10.17 times on October 20, 2026. The comparison gives investors a valuation frame while the company approaches its next reporting date. First-half insurance revenue rose 2.80 percent to PLN 15.65 billion from PLN 15.23 billion, while attributable net profit fell 6.80 percent to PLN 3.01 billion from PLN 3.23 billion, according to Moat Explorer. At Lang & Schwarz, the stock was trading at EUR 16.34 on October 20, 2026 at 3:10 p.m. CEST.

Insurance revenue sets the operating frame

The first-half insurance figure provides the clearest operating counterweight to the lower group profit. In the insurance and other activities segment, profit rose 29.30 percent to PLN 1.22 billion in the second quarter, while the group presentation cited a first-half insurance service result of more than PLN 2.30 billion, as reported by Yahoo Finance.

What does the valuation show?

PZU's P/E of 9.50 is close to Vienna Insurance Group at 9.52 and below Zurich Insurance Group at 10.17. PZU's market capitalization was PLN 61.6 billion on October 20, 2026, compared with EUR 8.7 billion for Vienna Insurance Group and CHF 92.2 billion for Zurich Insurance Group.

November 19 is the next date

PZU's investor-relations calendar schedules publication of the third-quarter financial report for November 19, 2026, together with a management-board meeting for analysts. The company is listed on the Warsaw Stock Exchange under ticker PZU, and Onvista assigns the issuer ISIN PLPZU0000011 and WKN A0YCYA.

Comparison with peers

PZU: P/E 9.50, market capitalization PLN 61.6 billion.

Vienna Insurance Group (Vienna, EUR): up 0.89 percent, P/E 9.52, market capitalization EUR 8.7 billion.

Zurich Insurance Group (SIX, CHF): up 0.65 percent, P/E 10.17, market capitalization CHF 92.2 billion.

Stock price and next report

PZU stock was trading at EUR 16.34 at Lang & Schwarz on October 20, 2026 at 3:10 p.m. CEST. The next scheduled company date is November 19, 2026, when PZU plans to publish its third-quarter financial report. The further course of trading is shown by the continuously updated real-time quote of PZU stock.