Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A


Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (15) |
Author: AdrianC 🐝  😊 😞
Number: of 15062 
Subject: Re: Brk and valuation, another opinion,
Date: 01/12/2023 9:57 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 7
I don't see Berkshire particularly highly valued at this price and I think just looking at the PB ratio can be a mit misleading for this.

The price is basically where it was exactly a year ago when the PB ratio was 1.4 due to the higher book per share then.


Yes, I sold some then, also :-)

I'm not just looking at PB ratio:
3Q 5 groves $323
3Q look through $322
3Q Book + float + 1/2 deferred taxes $283

I expect all these will be lower when Q4 numbers are in.

And yes, price to peak book is currently about 1.4. Apple is down 24% since then. Deserved?

Share count reduction to Q3 was 0.77%. Not likely much in Q4.

They definitely invested a lot in 2022. The underlying value is up, no doubt.
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (15) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds