Post #11077 by AdrianC on the Berkshire Hathaway board

Be as clear and concise as possible in your posts, and avoid using jargon or unnecessarily complex language. Use proper spelling and grammar, and make sure that your posts are easy to understand.

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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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“According to consensus estimates, Berkshire's FY2024 EPS is projected at $19.73. I think that this forecast is highly reliable because we have only one reportable quarter left in 2024. Multiplying this forecasted EPS ($19.73) by the S&P 500 P/E ratio of 27.87 gives me a fair share price for BRK.B at around $550.”

Oh boy. Yeah, err, no.

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