Berkshire Hathaway (BSP:BERK34) Price-to-Tangible-Book

: 2.07 (As of Today)

View and export this data going back to 2013. Start your Free Trial

As of today (2024-04-19), Berkshire Hathaway's share price is R$104.76. Berkshire Hathaway's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was R$50.68. Hence, Berkshire Hathaway's Price to Tangible Book Ratio of today is 2.07.

The historical rank and industry rank for Berkshire Hathaway's Price-to-Tangible-Book or its related term are showing as below:

BSP:BERK34' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.58 Med: 1.83 Max: 2.38
Current: 1.95

During the past 13 years, Berkshire Hathaway's highest Price to Tangible Book Ratio was 2.38. The lowest was 1.58. And the median was 1.83.

BSP:BERK34's Price-to-Tangible-Book is ranked worse than
67.76% of 459 companies
in the Insurance industry
Industry Median: 1.33 vs BSP:BERK34: 1.95

A closely related ratio is called PB Ratio. As of today, Berkshire Hathaway's share price is R$104.76. Berkshire Hathaway's Book Value per Sharefor the quarter that ended in Dec. 2023 was R$63.60. Hence, Berkshire Hathaway's P/B Ratio of today is 1.65.

Berkshire Hathaway Price-to-Tangible-Book Historical Data

The historical data trend for Berkshire Hathaway's Price-to-Tangible-Book 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.75

1.58

1.62

1.85

1.70

Berkshire Hathaway Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book																1.85	1.67	1.73	1.88	1.70

Competitive Comparison

For the Insurance - Diversified subindustry, Berkshire Hathaway's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution

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

* The bar in red indicates where Berkshire Hathaway's Price-to-Tangible-Book falls into.

Berkshire Hathaway Price-to-Tangible-Book Calculation

Berkshire Hathaway's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	104.76	/	50.683
	=	2.07

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Berkshire Hathaway Price-to-Tangible-Book Related Terms

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

Berkshire Hathaway (BSP:BERK34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Berkshire Hathaway Inc (BSP:BERK34) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

BRK.B:USA BRK.A:USA BRK_B:Peru BRKB:Mexico 1BRK:Italy BRYNd:UK 0R37:UK BRHF:Germany BRYN:Germany BRYN:Germany BRYN:Germany BRYN:Germany BRK:Canada BRKB:Austria BRKB:Argentina

Address

3555 Farnam Street, Omaha, NE, USA, 68131

Website

https://www.berkshirehathaway.com

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 firms 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 (BSP:BERK34) Headlines

No Headlines