No. of Recommendations: 9
I know that people have already posted about this, but I thought I'd keep this thread going for easy reference.
From the First Quarter Earnings 2026:
Berkshire shareholders' equity: $747,910 million
equivalent Class A common stock basis: 1,431,693 shares
Book value: 747,910/1.431,693 = $522,396 which is a new peak.
Recent A-share price is $793,815 at close 8/10/2026. I hope people are enjoying summer!
Current Price to Peak Book: 1.52 , up a fair bit from last quarter's valuey 1.38 (as of 5/5/2026).
Using Jim's table of one year forward real returns, posted upstream in this thread, his model suggests BRK shareholders might see about 4.7% real return over the next year. Not bad, but not something most people will be running to lock in. My last update found current P/PBk at 1.38 with estimated forward returns of 8.5% real. I probably should have acted on that nice buy point: 14% gain since then.
