Berkshire Hathaway Inc. is an American holding company, whose conglomerate includes over 80 companies with activities spanning a wide range of business areas, including insurance and reinsurance, rail freight, energy supply, financial services, manufacturing, and wholesale and retail. The chairman is the major US investor and multi-billionaire Warren Buffett.
P/E ratio for Berkshire Hathaway (BRK-B)
P/E ratio as of April 2024 (TTM): 10.2
According to Berkshire Hathaway 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2081. At the end of 2022 the company had a P/E ratio of -30.1.
P/E ratio history for Berkshire Hathaway from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -30.1 | -499.29% |
| 2021 | 7.55 | -41.07% |
| 2020 | 12.8 | 87.76% |
| 2019 | 6.82 | -94.54% |
| 2018 | 125 | 1048.92% |
| 2017 | 10.9 | -34.82% |
| 2016 | 16.7 | 23.52% |
| 2015 | 13.5 | -27.44% |
| 2014 | 18.6 | 24.11% |
| 2013 | 15.0 | 0.14% |
| 2012 | 15.0 | -18.6% |
| 2011 | 18.4 | 21.72% |
| 2010 | 15.1 | -20.36% |
| 2009 | 19.0 | -36.51% |
| 2008 | 29.9 | 79.94% |
| 2007 | 16.6 | 7.98% |
| 2006 | 15.4 | -3.16% |
| 2005 | 15.9 | -14.2% |
| 2004 | 18.5 | 16.5% |
| 2003 | 15.9 | -38.86% |
| 2002 | 26.0 | -82.11% |
| 2001 | 145 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BlackRock BLK | 22.1 | 116.16% | 🇺🇸 USA |
 Blackstone Group BX | 51.8 | 407.35% | 🇺🇸 USA |
 Brookfield Asset Management BAM | 24.2 | 136.80% | 🇨🇦 Canada |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.