GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Berkshire Hathaway Inc (XSWX:BRK_B) » Definitions » Cyclically Adjusted PS Ratio

Berkshire Hathaway (XSWX:BRK_B) Cyclically Adjusted PS Ratio : (As of Jul. 18, 2025)


View and export this data going back to 2014. Start your Free Trial

What is Berkshire Hathaway Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio 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 PS Ratio Historical Data

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.

* Premium members only.

Berkshire Hathaway Cyclically Adjusted PS Ratio Chart

Berkshire Hathaway Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 2.70 2.59 2.67 3.05

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 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 3.03 2.85 3.15 3.05 3.51

Competitive Comparison of Berkshire Hathaway's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.


;
;

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 Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=32.072/134.9266*134.9266
=32.072

Current CPI (Mar. 2025) = 134.9266.

Berkshire Hathaway Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 19.427 100.684 26.034
201509 23.273 100.392 31.279
201512 20.968 99.792 28.350
201603 20.760 100.470 27.880
201606 21.333 101.688 28.306
201609 23.223 101.861 30.762
201612 24.037 101.863 31.839
201703 26.450 102.862 34.695
201706 22.558 103.349 29.450
201709 23.593 104.136 30.569
201712 23.587 104.011 30.598
201803 19.386 105.290 24.843
201806 27.507 106.317 34.909
201809 30.697 106.507 38.888
201812 11.362 105.998 14.463
201903 32.947 107.251 41.449
201906 29.669 108.070 37.042
201909 30.694 108.329 38.230
201912 38.899 108.420 48.409
202003 -3.551 108.902 -4.400
202006 38.138 108.767 47.310
202009 36.367 109.815 44.683
202012 39.492 109.897 48.487
202103 28.224 111.754 34.076
202106 38.179 114.631 44.938
202109 30.364 115.734 35.399
202112 45.119 117.630 51.754
202203 27.892 121.301 31.025
202206 3.924 125.017 4.235
202209 26.908 125.227 28.992
202212 37.567 125.222 40.478
202303 48.460 127.348 51.344
202306 49.269 128.729 51.641
202309 24.868 129.860 25.838
202312 49.065 129.419 51.153
202403 35.527 131.776 36.376
202406 45.771 132.554 46.590
202409 41.907 133.029 42.505
202412 39.425 133.157 39.949
202503 32.072 134.927 32.072

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.


Berkshire Hathaway  (XSWX:BRK_B) 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

Thank you for viewing the detailed overview of Berkshire Hathaway's Cyclically Adjusted PS Ratio 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.

Berkshire Hathaway Headlines

No Headlines