Berkshire Hathaway
BRK-B
#9
Rank
$916.34 B
Marketcap
$424.44
Share price
1.35%
Change (1 day)
22.90%
Change (1 year)

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 July 2024 (TTM): 10.7

According to Berkshire Hathaway 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7312. 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%
20217.55-41.07%
202012.887.76%
20196.82-94.54%
20181251048.92%
201710.9-34.82%
201616.723.52%
201513.5-27.44%
201418.624.11%
201315.00.14%
201215.0-18.6%
201118.421.72%
201015.1-20.36%
200919.0-36.51%
200829.979.94%
200716.67.98%
200615.4-3.16%
200515.9-14.2%
200418.516.5%
200315.9-38.86%
200226.0-82.11%
2001145

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.2 125.55%๐Ÿ‡บ๐Ÿ‡ธ USA
54.1 404.32%๐Ÿ‡บ๐Ÿ‡ธ USA
25.3 135.32%๐Ÿ‡จ๐Ÿ‡ฆ 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.