Berkshire Hathaway Inc. (BRK-B) P/E Ratio History
Fairly ValuedTrading at 15.8x, near 5Y avg of 17.3x · 70th percentile · In line with own history · Data 1996–2026
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P/E Ratio Analysis
As of June 21, 2026, Berkshire Hathaway Inc. (BRK-B) trades at a price-to-earnings ratio of 15.8x, with a stock price of $489.46 and trailing twelve-month earnings per share of $33.63.
The current P/E is roughly in line with its 5-year average of 17.3x. Over the past five years, BRK-B's P/E has ranged from a low of 5.8x to a high of 90.5x, placing the current valuation at the 70th percentile of its historical range.
Compared to the Financial Services sector median P/E of 13.6x, BRK-B trades at a 16% premium to its sector peers. The sector includes 783 companies with P/E ratios ranging from 0.0x to 196.5x.
The PEG ratio of 1.34 (P/E divided by -25% EPS growth) suggests a fair valuation relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, BRK-B trades at a notable discount to the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our BRK-B DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
BRK-B Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
BRK-B P/E vs Peers
Commercial and specialty P&C insurers peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $23B | 10.9 | 0.44 | -15% | |
| $18M | 3.2Lowest | - | -99% | |
| $533M | 7.4 | 0.09Best | +75% | |
| $40B | 13.6 | - | +62% | |
| $126B | 12.6 | 0.47 | +13% | |
| $67B | 11.2 | 0.53 | +28% | |
| $57B | 5.8 | 0.34 | +125%Best | |
| $374B | 43.8 | 3.71 | +36% | |
| $145B | 31.1 | 16.95 | -15% | |
| $424B | 14.7 | 0.96 | +19% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
BRK-B Historical P/E Data (1996–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $479.11 | $28.91 | 16.6x | -33% |
| FY2025 Q4 | Dec 31 2025 | $502.65 | $31.04 | 16.2x | -34% |
| FY2025 Q3 | - | $502.74 | $31.27 | 16.1x | -35% |
| FY2025 Q2 | Jun 30 2025 | $485.77 | $29.17 | 16.7x | -32% |
| FY2025 Q1 | Mar 31 2025 | $532.58 | $37.52 | 14.2x | -42% |
| FY2024 Q4 | - | $453.28 | $41.27 | 11.0x | -55% |
| FY2024 Q3 | Sep 30 2024 | $460.26 | $49.50 | 9.3x | -62% |
| FY2024 Q2 | Jun 30 2024 | $406.80 | $31.44 | 12.9x | -47% |
| FY2024 Q1 | Mar 31 2024 | $420.52 | $33.88 | 12.4x | -49% |
| FY2023 Q4 | Dec 31 2023 | $356.66 | $44.25 | 8.1x | -67% |
| FY2023 Q3 | Sep 30 2023 | $350.30 | $35.16 | 10.0x | -59% |
| FY2023 Q2 | Jun 30 2023 | $341.00 | $39.77 | 8.6x | -65% |
| FY2023 Q1 | Mar 31 2023 | $308.77 | $3.41 | 90.5x | +269% |
| FY2022 Q2 | - | $273.02 | $5.06 | 54.0x | +120% |
| FY2022 Q1 | - | $352.91 | $37.23 | 9.5x | -61% |
| FY2021 Q4 | Dec 31 2021 | $299.00 | $39.80 | 7.5x | -69% |
| FY2021 Q3 | - | $272.94 | $37.35 | 7.3x | -70% |
| FY2021 Q2 | Jun 30 2021 | $277.92 | $45.42 | 6.1x | -75% |
| FY2021 Q1 | Mar 31 2021 | $255.47 | $43.97 | 5.8x | -76% |
| FY2020 Q4 | - | $231.87 | $18.44 | 12.6x | -49% |
| FY2020 Q3 | Sep 30 2020 | $212.94 | $15.02 | 14.2x | -42% |
| FY2020 Q2 | - | $178.51 | $9.11 | 19.6x | -20% |
| FY2020 Q1 | - | $182.83 | $3.97 | 46.1x | +87% |
| FY2019 Q4 | - | $226.50 | $33.22 | 6.8x | -72% |
| FY2019 Q3 | Sep 30 2019 | $208.02 | $10.99 | 18.9x | -23% |
| FY2019 Q2 | Jun 30 2019 | $213.17 | $11.76 | 18.1x | -26% |
| FY2019 Q1 | Mar 31 2019 | $200.89 | $10.89 | 18.4x | -25% |
| FY2018 Q4 | Dec 31 2018 | $204.18 | $1.62 | 126.0x | +413% |
| FY2018 Q3 | Sep 30 2018 | $214.11 | $25.12 | 8.5x | -65% |
| FY2018 Q2 | Jun 30 2018 | $186.65 | $19.25 | 9.7x | -61% |
| FY2018 Q1 | Mar 31 2018 | $199.48 | $16.11 | 12.4x | -50% |
| FY2017 Q4 | Dec 31 2017 | $198.22 | $18.22 | 10.9x | -56% |
| FY2017 Q3 | Sep 30 2017 | $183.32 | $7.58 | 24.2x | -2% |
| FY2017 Q2 | Jun 30 2017 | $169.37 | $8.85 | 19.1x | -22% |
| FY2017 Q1 | Mar 31 2017 | $166.68 | $9.15 | 18.2x | -26% |
| FY2016 Q4 | Dec 31 2016 | $162.98 | $9.77 | 16.7x | -32% |
| FY2016 Q3 | Sep 30 2016 | $144.47 | $9.44 | 15.3x | -38% |
| FY2016 Q2 | - | $144.79 | $10.34 | 14.0x | -43% |
| FY2016 Q1 | - | $141.88 | $9.94 | 14.3x | -42% |
| FY2015 Q4 | - | $132.04 | $9.77 | 13.5x | -45% |
| FY2015 Q3 | Sep 30 2015 | $130.40 | $9.24 | 14.1x | -43% |
| FY2015 Q2 | - | $136.11 | $7.29 | 18.7x | -24% |
| FY2015 Q1 | - | $144.32 | $8.25 | 17.5x | -29% |
| FY2014 Q4 | Dec 31 2014 | $150.15 | $8.06 | 18.6x | -24% |
| FY2014 Q3 | - | $138.14 | $8.39 | 16.5x | -33% |
| FY2014 Q2 | Jun 30 2014 | $126.56 | $8.57 | 14.8x | -40% |
| FY2014 Q1 | Mar 31 2014 | $124.97 | $7.82 | 16.0x | -35% |
| FY2013 Q4 | - | $118.56 | $7.89 | 15.0x | -39% |
| FY2013 Q3 | Sep 30 2013 | $113.51 | $7.71 | 14.7x | -40% |
| FY2013 Q2 | Jun 30 2013 | $111.92 | $7.24 | 15.5x | -37% |
| FY2013 Q1 | Mar 31 2013 | $104.20 | $6.65 | 15.7x | -36% |
| FY2012 Q4 | Dec 31 2012 | $89.70 | $5.98 | 15.0x | -39% |
| FY2012 Q3 | Sep 30 2012 | $88.20 | $5.37 | 16.4x | -33% |
| FY2012 Q2 | Jun 30 2012 | $83.33 | $4.71 | 17.7x | -28% |
| FY2012 Q1 | Mar 31 2012 | $81.15 | $4.84 | 16.8x | -32% |
| FY2011 Q4 | Dec 31 2011 | $76.30 | $4.14 | 18.4x | -25% |
| FY2011 Q3 | Sep 30 2011 | $71.04 | $4.68 | 15.2x | -38% |
| FY2011 Q2 | - | $77.39 | $4.97 | 15.6x | -37% |
| FY2011 Q1 | - | $83.63 | $4.39 | 19.1x | -22% |
| FY2010 Q4 | Dec 31 2010 | $80.11 | $5.29 | 15.1x | -38% |
| FY2010 Q3 | - | $82.68 | $4.83 | 17.1x | -30% |
| FY2010 Q2 | Jun 30 2010 | $79.69 | $5.01 | 15.9x | -35% |
| FY2010 Q1 | Mar 31 2010 | $81.27 | $5.63 | 14.4x | -41% |
| FY2009 Q4 | - | $65.72 | $3.46 | 19.0x | -23% |
| FY2009 Q3 | Sep 30 2009 | $66.46 | $2.20 | 30.2x | +23% |
| FY2009 Q2 | - | $57.92 | $1.26 | 46.0x | +87% |
| FY2009 Q1 | - | $56.40 | $1.08 | 52.2x | +113% |
| FY2008 Q4 | Dec 31 2008 | $64.28 | $2.14 | 30.0x | +22% |
| FY2008 Q3 | - | $87.90 | $3.36 | 26.2x | +6% |
| FY2008 Q2 | Jun 30 2008 | $80.24 | $4.87 | 16.5x | -33% |
| FY2008 Q1 | Mar 31 2008 | $89.46 | $4.98 | 18.0x | -27% |
| FY2007 Q4 | Dec 31 2007 | $94.72 | $5.70 | 16.6x | -32% |
| FY2007 Q3 | Sep 30 2007 | $79.04 | $5.98 | 13.2x | -46% |
| FY2007 Q2 | Jun 30 2007 | $72.10 | $5.22 | 13.8x | -44% |
| FY2007 Q1 | Mar 31 2007 | $72.80 | $4.88 | 14.9x | -39% |
| FY2006 Q4 | Dec 31 2006 | $73.32 | $4.76 | 15.4x | -37% |
| FY2006 Q3 | Sep 30 2006 | $63.48 | $5.43 | 11.7x | -52% |
| FY2006 Q2 | Jun 30 2006 | $60.86 | $4.48 | 13.6x | -45% |
| FY2006 Q1 | Mar 31 2006 | $60.24 | $4.10 | 14.7x | -40% |
| FY2005 Q4 | Dec 31 2005 | $58.71 | $3.69 | 15.9x | -35% |
| FY2005 Q3 | Sep 30 2005 | $54.62 | $2.92 | 18.7x | -24% |
| FY2005 Q2 | - | $55.67 | $3.16 | 17.6x | -28% |
| FY2005 Q1 | - | $57.12 | $3.09 | 18.5x | -25% |
| FY2004 Q4 | Dec 31 2004 | $58.72 | $3.17 | 18.5x | -25% |
| FY2004 Q3 | - | $57.42 | $2.76 | 20.8x | -15% |
| FY2004 Q2 | Jun 30 2004 | $59.10 | $3.05 | 19.4x | -21% |
| FY2004 Q1 | Mar 31 2004 | $62.22 | $3.46 | 18.0x | -27% |
| FY2003 Q4 | Dec 31 2003 | $56.30 | $3.54 | 15.9x | -35% |
| FY2003 Q3 | - | $49.92 | $3.01 | 16.6x | -32% |
| FY2003 Q2 | Jun 30 2003 | $48.60 | $2.73 | 17.8x | -28% |
| FY2003 Q1 | Mar 31 2003 | $42.74 | $2.21 | 19.3x | -21% |
| FY2002 Q4 | - | $48.46 | $1.86 | 26.1x | +6% |
| FY2002 Q3 | Sep 30 2002 | $49.30 | $1.39 | 35.4x | +44% |
| FY2002 Q2 | Jun 30 2002 | $44.68 | $0.59 | 75.5x | +208% |
| FY2002 Q1 | Mar 31 2002 | $47.38 | $0.48 | 98.4x | +301% |
| FY2001 Q4 | Dec 31 2001 | $50.50 | $0.35 | 143.7x | +485% |
| FY2001 Q3 | Sep 30 2001 | $46.60 | $0.78 | 59.7x | +143% |
| FY2001 Q2 | Jun 30 2001 | $46.00 | $1.43 | 32.2x | +31% |
| FY2001 Q1 | Mar 31 2001 | $43.52 | $1.37 | 31.8x | +29% |
| FY2000 Q4 | Dec 31 2000 | $47.08 | $1.45 | 32.5x | +32% |
| FY2000 Q3 | Sep 30 2000 | $41.40 | $0.99 | 41.8x | +70% |
| FY2000 Q2 | Jun 30 2000 | $35.20 | $0.82 | 42.9x | +75% |
| FY2000 Q1 | Mar 31 2000 | $36.40 | $0.79 | 46.0x | +87% |
| FY1999 Q4 | Dec 31 1999 | $36.60 | $0.68 | 53.8x | +119% |
| FY1999 Q3 | - | $37.12 | $0.96 | 38.7x | +57% |
| FY1999 Q2 | Jun 30 1999 | $44.80 | $0.98 | 45.7x | +86% |
| FY1999 Q1 | Mar 31 1999 | $47.02 | $1.36 | 34.6x | +41% |
| FY1998 Q4 | - | $47.00 | $1.51 | 31.1x | +27% |
| FY1998 Q3 | Sep 30 1998 | $39.86 | $1.75 | 22.8x | -7% |
| FY1998 Q2 | - | $52.26 | $1.75 | 29.9x | +22% |
| FY1998 Q1 | - | $44.90 | $1.27 | 35.4x | +44% |
| FY1997 Q4 | Dec 31 1997 | $30.78 | $1.03 | 29.9x | +22% |
| FY1997 Q3 | - | $29.90 | $0.70 | 42.7x | +74% |
| FY1997 Q2 | Jun 30 1997 | $31.60 | $0.65 | 48.6x | +98% |
| FY1997 Q1 | Mar 31 1997 | $24.20 | $0.61 | 39.7x | +61% |
| FY1996 Q4 | - | $22.24 | $1.39 | 16.0x | -35% |
| FY1996 Q3 | Sep 30 1996 | $21.46 | $1.37 | 15.7x | -36% |
| FY1996 Q2 | Jun 30 1996 | $20.66 | $1.32 | 15.7x | -36% |
Average P/E for displayed period: 24.6x
Full Stock Analysis
Deep dive into BRK-B consensus models and risk factors.
Should I Buy BRK-B?
Wall Street verdict, signals, and target summaries.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
30+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
BRK-B — Frequently Asked Questions
Quick answers to the most common questions about buying BRK-B stock.
What is BRK-B's P/E ratio?
Berkshire Hathaway Inc. (BRK-B) trailing twelve-month P/E ratio is 15.8x, based on TTM diluted EPS of $33.63. The 5-year average P/E is 17.3x and the historical range spans 5.8x to 90.5x.
Is BRK-B stock overvalued or undervalued?
BRK-B trades at 15.8x P/E, near its 5-year average of 17.3x. The 70th percentile ranking within the 5.8x–90.5x historical range places valuation within normal bounds.
Is BRK-B stock expensive?
BRK-B is fairly valued relative to its own history. The current P/E of 15.8x is near the 5-year average of 17.3x (70th percentile of historical range).
What is BRK-B's historical P/E range?
Over the past 5 years, BRK-B's P/E ratio has ranged from 5.8x to 90.5x, with a median of 12.4x and an average of 17.3x. The current P/E of 15.8x places the stock at the 70th percentile of this range. Full historical data spans 1996–2026.
How does BRK-B's P/E compare to the S&P 500?
BRK-B trades at 15.8x P/E versus the S&P 500 median of 24.4x. The 35% discount to the market suggests lower growth expectations or perceived higher risk.
How does BRK-B's valuation compare to Financial Services peers?
Berkshire Hathaway Inc. P/E of 15.8x compares to the Financial Services sector median of 13.6x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is BRK-B's PEG ratio?
BRK-B PEG ratio is 1.34, based on a P/E of 15.8x and EPS growth of -24.8%. A PEG between 1 and 2 suggests valuation aligns with growth expectations — typically considered fair.
What is BRK-B's earnings yield?
BRK-B earnings yield is 6.34%, the inverse of its 15.8x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.