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Berkshire Hathaway (XSWX:BRK_B) Cyclically Adjusted Price-to-FCF : (As of Jul. 18, 2025)


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What is Berkshire Hathaway Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Berkshire Hathaway Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Berkshire Hathaway's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Berkshire Hathaway Cyclically Adjusted Price-to-FCF Chart

Berkshire Hathaway Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.87 30.64 28.78 30.89 38.85

Berkshire Hathaway Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.97 32.93 38.84 38.85 44.32

Competitive Comparison of Berkshire Hathaway's Cyclically Adjusted Price-to-FCF

For the Insurance - Diversified subindustry, Berkshire Hathaway's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Berkshire Hathaway's Cyclically Adjusted Price-to-FCF Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Berkshire Hathaway's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Berkshire Hathaway's Cyclically Adjusted Price-to-FCF falls into.


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Berkshire Hathaway Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Berkshire Hathaway's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Berkshire Hathaway's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.55/134.9266*134.9266
=2.550

Current CPI (Mar. 2025) = 134.9266.

Berkshire Hathaway Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 1.736 100.684 2.326
201509 2.069 100.392 2.781
201512 1.234 99.792 1.668
201603 1.835 100.470 2.464
201606 1.773 101.688 2.353
201609 2.584 101.861 3.423
201612 1.664 101.863 2.204
201703 6.472 102.862 8.489
201706 2.171 103.349 2.834
201709 2.971 104.136 3.849
201712 1.973 104.011 2.559
201803 1.908 105.290 2.445
201806 1.924 106.317 2.442
201809 2.652 106.507 3.360
201812 2.557 105.998 3.255
201903 1.800 107.251 2.264
201906 2.252 108.070 2.812
201909 2.206 108.329 2.748
201912 2.912 108.420 3.624
202003 1.509 108.902 1.870
202006 2.931 108.767 3.636
202009 3.241 109.815 3.982
202012 2.682 109.897 3.293
202103 2.725 111.754 3.290
202106 2.812 114.631 3.310
202109 3.413 115.734 3.979
202112 1.513 117.630 1.735
202203 1.513 121.301 1.683
202206 2.024 125.017 2.184
202209 3.227 125.227 3.477
202212 2.336 125.222 2.517
202303 2.009 127.348 2.129
202306 3.041 128.729 3.187
202309 3.280 129.860 3.408
202312 3.276 129.419 3.415
202403 2.390 131.776 2.447
202406 3.532 132.554 3.595
202409 -1.070 133.029 -1.085
202412 -0.282 133.157 -0.286
202503 2.550 134.927 2.550

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Berkshire Hathaway  (XSWX:BRK_B) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Berkshire Hathaway Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Berkshire Hathaway's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Berkshire Hathaway Business Description

Address
3555 Farnam Street, Omaha, NE, USA, 68131
Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the companies that make up its manufacturing, service, and retailing operations (which include five of Berkshire's largest noninsurance pretax earnings generators: Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis.

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