Berkshire Hathaway (WAR:BRKB) Cyclically Adjusted PS Ratio: 2.95 (As of Sep. 12, 2026) — 11% Above Median

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WAR:BRKB Berkshire Hathaway Inc WAR:BRKB
22 GF Score
Price zł1,884.60
GF Value zł2,003.85
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Berkshire Hathaway Cyclically Adjusted PS Ratio?

Berkshire Hathaway WAR:BRKB 22 Cyclically Adjusted PS Ratio is 2.95 as of Sep. 12, 2026, which is 11% above its 10-year median of 2.65. GuruFocus rates WAR:BRKB with a GF Score™ of 22/100 and a GF Value™ of zł2,003.85 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 406 Insurance companies, Berkshire Hathaway ranks worse than 82.27% on this metric.

As of today (2026-09-12), Berkshire Hathaway's current share price is zł1884.60. Berkshire Hathaway's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was zł639.12. Berkshire Hathaway's Cyclically Adjusted PS Ratio for today is 2.95.

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

WAR: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.

WAR:BRKB's Cyclically Adjusted PS Ratio is ranked worse than
82.27% of 406 companies
in the Insurance industry
Industry Median: 1.23 vs WAR: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 zł203.918. 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 zł639.12 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Berkshire Hathaway  (WAR: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 2.70 2.59 2.67 3.05 3.14

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 3.14 3.18 3.14 2.91 2.96

WAR: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.


WAR:BRKB
22GF Score
Berkshire Hathaway Inc WAR: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
=1884.60/639.12
=2.95

* 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)
=203.918/333.9520*333.9520
=203.918

Current CPI (Jun. 2026) = 333.9520.

Berkshire Hathaway Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 88.941 241.428 123.026
201612 87.884 241.432 121.562
201703 98.436 243.801 134.835
201706 86.847 244.955 118.400
201709 91.362 246.819 123.615
201712 89.072 246.524 120.661
201803 76.219 249.554 101.996
201806 103.559 251.989 137.243
201809 118.158 252.439 156.311
201812 42.693 251.233 56.750
201903 122.737 254.202 161.243
201906 111.925 256.143 145.925
201909 115.486 256.759 150.206
201912 147.551 256.974 191.751
202003 -13.795 258.115 -17.848
202006 149.424 257.797 193.565
202009 148.153 260.280 190.088
202012 165.684 260.474 212.422
202103 113.923 264.877 143.632
202106 157.807 271.696 193.967
202109 124.823 274.310 151.963
202112 188.076 278.802 225.279
202203 116.033 287.504 134.779
202206 15.683 296.311 17.675
202209 107.455 296.808 120.902
202212 157.123 296.797 176.793
202303 204.985 301.836 226.796
202306 215.239 305.109 235.586
202309 108.930 307.789 118.189
202312 224.224 306.746 244.111
202403 158.378 312.332 169.341
202406 203.220 314.175 216.012
202409 196.313 315.301 207.926
202412 175.303 315.605 185.494
202503 143.897 319.799 150.265
202506 170.830 322.561 176.863
202509 201.983 324.800 207.674
202512 192.534 324.054 198.415
202603 159.077 330.213 160.878
202606 203.918 333.952 203.918

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 2.95 mean?
Berkshire Hathaway (WAR:BRKB) has a Cyclically Adjusted PS Ratio of 2.95 as of Sep. 12, 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 11% 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 #334 out of 406 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 2.95 is 11% 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 1.23. Berkshire Hathaway's value of 2.95 is 139.8% above this industry median. Based on the distribution chart, Berkshire Hathaway ranks #334 out of 406 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Berkshire Hathaway has a GF Score™ of 22/100 and is considered Modestly Undervalued, 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 #334 out of 406 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 1.23. Berkshire Hathaway's value of 2.95 is 139.8% 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 1.23, 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 1.23, based on 406 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 2.95 is 139.8% 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 1.23 — 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 2.95, which is 11% 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 (WAR:BRKB) is currently considered Modestly Undervalued. The stock's GF Value™ is zł2,003.85, compared to a current price of zł1,884.60 — trading 6% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.95, which is 11% above median its 10-year median of 2.65 and 139.8% above the Insurance industry median of 1.23. Berkshire Hathaway's overall GF Score™ is 22/100 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 (WAR:BRKB), the current Cyclically Adjusted PS Ratio is 2.95 as of Sep. 12, 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 (WAR:BRKB) Overvalued in 2026?

Based on GuruFocus' analysis, Berkshire Hathaway stock appears to be undervalued. The current stock price of zł1,884.60 is trading 6% below its estimated GF Value™ of zł2,003.85. GuruFocus considers Berkshire Hathaway to be Modestly Undervalued.

Key valuation signals for WAR:BRKB:

  • Cyclically Adjusted PS Ratio: 2.95 (11% above median its 10-year median of 2.65)
  • GF Value™: zł2,003.85 vs. price of zł1,884.60 (6% below fair value)
  • GF Score™: 22/100 with 3 warning signs
  • Industry Position: 139.8% above the Insurance median (#334 of 406)

No single metric tells the full story. See the WAR: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.
22GF Score

Get the complete analysis for WAR:BRKB

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

zł1,884.60
Price
zł2,003.85
GF Value