Berkshire Hathaway (BUE:BRKB) Cyclically Adjusted PS Ratio: 12.90 (As of Sep. 18, 2026) — 387% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BUE:BRKB Berkshire Hathaway Inc BUE:BRKB
59 GF Score
Price ARS36,920.00
GF Value ARS38,907.14
Valuation Fairly Valued
! 3 Warning Signs
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What is Berkshire Hathaway Cyclically Adjusted PS Ratio?

Berkshire Hathaway BUE:BRKB -2.17% 59 Cyclically Adjusted PS Ratio is 12.90 as of Sep. 18, 2026, which is 387% above its 10-year median of 2.65. GuruFocus rates BUE:BRKB with a GF Score™ of 59/100 and a GF Value™ of ARS38,907.14 (Fairly Valued). The stock has 3 warning signs investors should review. Among 407 Insurance companies, Berkshire Hathaway ranks worse than 82.31% on this metric.

As of today (2026-09-18), Berkshire Hathaway's current share price is ARS36920.00. Berkshire Hathaway's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ARS2,861.88. Berkshire Hathaway's Cyclically Adjusted PS Ratio for today is 12.90.

The historical rank and industry rank for Berkshire Hathaway's Cyclically Adjusted PS Ratio or its related term are showing as below:

BUE:BRKB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.92   Med: 2.65   Max: 3.55
Current: 3.03

During the past years, Berkshire Hathaway's highest Cyclically Adjusted PS Ratio was 3.55. The lowest was 1.92. And the median was 2.65.

BUE:BRKB's Cyclically Adjusted PS Ratio is ranked worse than
82.31% of 407 companies
in the Insurance industry
Industry Median: 1.25 vs BUE:BRKB: 3.03

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Berkshire Hathaway's adjusted revenue per share data for the three months ended in Jun. 2026 was ARS3,025.687. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ARS2,861.88 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Berkshire Hathaway  (BUE:BRKB) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Berkshire Hathaway Cyclically Adjusted PS Ratio Related Terms


Berkshire Hathaway Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Berkshire Hathaway's Cyclically Adjusted PS Ratio 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.

Berkshire Hathaway Cyclically Adjusted PS Ratio Chart

Berkshire Hathaway Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.01 19.78 33.39 20.44 15.84

Berkshire Hathaway Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio 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 16.19 18.26 15.77 12.68 12.39

BUE:BRKB vs AIG, HIG, ACGL: Cyclically Adjusted PS Ratio Comparison

For the Insurance - Diversified subindustry, Berkshire Hathaway's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Berkshire Hathaway's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Berkshire Hathaway's Cyclically Adjusted PS Ratio falls into.


BUE:BRKB
59GF Score
Berkshire Hathaway Inc BUE:BRKB
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Berkshire Hathaway Cyclically Adjusted PS Ratio Calculation

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

Berkshire Hathaway's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36920.00/2861.876
=12.90

* 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.

Berkshire Hathaway's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Berkshire Hathaway's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3025.687/333.9520*333.9520
=3,025.687

Current CPI (Jun. 2026) = 333.9520.

Berkshire Hathaway Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 15.218 241.428 21.050
201612 15.579 241.432 21.549
201703 18.581 243.801 25.452
201706 16.592 244.955 22.620
201709 18.919 246.819 25.598
201712 18.994 246.524 25.730
201803 21.218 249.554 28.394
201806 26.830 251.989 35.557
201809 37.188 252.439 49.196
201812 43.655 251.233 58.029
201903 43.733 254.202 57.453
201906 51.799 256.143 67.534
201909 60.781 256.759 79.054
201912 72.180 256.974 93.802
202003 70.397 258.115 91.080
202006 72.204 257.797 93.534
202009 88.132 260.280 113.078
202012 100.264 260.474 128.548
202103 113.205 264.877 142.727
202106 129.565 271.696 159.253
202109 138.330 274.310 168.406
202112 147.219 278.802 176.340
202203 155.272 287.504 180.357
202206 185.107 296.311 208.622
202209 215.470 296.808 242.435
202212 261.988 296.797 294.785
202303 342.653 301.836 379.112
202306 448.759 305.109 491.182
202309 608.764 307.789 660.511
202312 856.538 306.746 932.506
202403 1,577.807 312.332 1,687.025
202406 1,748.040 314.175 1,858.077
202409 1,845.387 315.301 1,954.547
202412 1,998.661 315.605 2,114.849
202503 1,995.268 319.799 2,083.570
202506 2,238.951 322.561 2,318.018
202509 2,658.157 324.800 2,733.057
202512 2,852.950 324.054 2,940.091
202603 2,798.652 330.213 2,830.341
202606 3,025.687 333.952 3,025.687

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 12.90 mean?
Berkshire Hathaway (BUE:BRKB) has a Cyclically Adjusted PS Ratio of 12.90 as of Sep. 18, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Berkshire Hathaway and its competitors. This is 387% above median its historical median of 2.65. Over the past decade, Berkshire Hathaway's Cyclically Adjusted PS Ratio has ranged from 1.92 to 3.55. According to the industry distribution chart, Berkshire Hathaway ranks #335 out of 407 companies in the Insurance industry, placing it in the top 82.3%.
Is Berkshire Hathaway's Cyclically Adjusted PS Ratio too high?
Berkshire Hathaway's current Cyclically Adjusted PS Ratio of 12.90 is 387% above median its 10-year median of 2.65. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 3.55. The Insurance industry median Cyclically Adjusted PS Ratio is 1.25. Berkshire Hathaway's value of 12.90 is 932% above this industry median. Based on the distribution chart, Berkshire Hathaway ranks #335 out of 407 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Berkshire Hathaway has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Berkshire Hathaway's Cyclically Adjusted PS Ratio compare to AIG and HIG?
According to the Insurance industry distribution chart, Berkshire Hathaway ranks #335 out of 407 companies for Cyclically Adjusted PS Ratio. This places Berkshire Hathaway in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.25. Berkshire Hathaway's value of 12.90 is 932% above this benchmark. Historically, Berkshire Hathaway's own Cyclically Adjusted PS Ratio has ranged from 1.92 to 3.55 over the past decade. While the company's 10-year median is 2.65 vs. the industry median of 1.25, Berkshire Hathaway has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Insurance company?
The median Cyclically Adjusted PS Ratio among Insurance companies is 1.25, based on 407 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Berkshire Hathaway's current Cyclically Adjusted PS Ratio of 12.90 is 932% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Berkshire Hathaway and its competitors. For the Insurance industry, the median Cyclically Adjusted PS Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berkshire Hathaway's current Cyclically Adjusted PS Ratio is 12.90, which is 387% above median its own 10-year median of 2.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berkshire Hathaway stock overvalued right now?
Based on GuruFocus' analysis, Berkshire Hathaway (BUE:BRKB) is currently considered Fairly Valued. The stock's GF Value™ is ARS38,907.14, compared to a current price of ARS36,920.00 — trading 5.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 12.90, which is 387% above median its 10-year median of 2.65 and 932% above the Insurance industry median of 1.25. Berkshire Hathaway's overall GF Score™ is 59/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Berkshire Hathaway (BUE:BRKB), the current Cyclically Adjusted PS Ratio is 12.90 as of Sep. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Berkshire Hathaway (BUE:BRKB) Overvalued in 2026?

Based on GuruFocus' analysis, Berkshire Hathaway stock appears to be undervalued. The current stock price of ARS36,920.00 is trading 5.1% below its estimated GF Value™ of ARS38,907.14. GuruFocus considers Berkshire Hathaway to be Fairly Valued.

Key valuation signals for BUE:BRKB:

  • Cyclically Adjusted PS Ratio: 12.90 (387% above median its 10-year median of 2.65)
  • GF Value™: ARS38,907.14 vs. price of ARS36,920.00 (5.1% below fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 932% above the Insurance median (#335 of 407)

No single metric tells the full story. See the BUE:BRKB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 its operations 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 Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis. Berkshire generated close to $371.4 billion in operating revenue in during 2025.
59GF Score

Get the complete analysis for BUE:BRKB

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS36,920.00
Price
ARS38,907.14
GF Value