Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of BRK.ABest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (37) |
Author: BenSolar   😊 😞
Number: of 21943 
Subject: Re: Current Price To Peak Book...
Date: 03/24/23 6:33 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 7
The current peak book was recorded in Q1 2022. We've just closed Q1 2023. The economy has grown a bit over the last year, and inflation has been significant. Buffett has made numerous apparently astute investments. So we might expect the business value to have grown in real terms and even more in nominal terms.

At the same time, as AdrianC posted in response to my thread on this a week ago, Apple is down a bit, and Bank of America is WAY down, so, actual book value of stocks held is likely down significantly, and I expect reported book value at the end of Q1 will not be a new peak.

Overall, I'd expect that the intrinsic value of the business has been chugging along nicely even while a declining stock market has dropped the book value, so the current peak price/book of 1.3 (using current price of 298.92.) is a better value than it was last July and August, for instance.

Book value at the end of the 4th quarter:
equivalent Class A common stock basis, there were 1,459,733 shares outstanding as of December 31, 2022
Berkshire Hathaway shareholders' equity 472,360 million.
Book value per A share: $323,593
Book value per B share: $215.73

Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to BenSolar here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
Unthreaded | Threaded | Whole Thread (37) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community