Subject: Re: BRK Overvalued Now?
I'm happy to hold steady where I am, and I moved from stock to some 2025 options before the annual meeting. Using the Shareholders Equity for the end of Q1, and the share count as of April 25, I get a book value of 232, so the yellow 1.55 times book value line would coincide with a stock price of 359.60.
With Berkshire trading at 332.82, 1.55 times book value is only 8% higher. 1.2 times book value is 278.40, and that's 16% below where the stock is trading now.