On 12 Nov 2026 our base value for Berkshire Hathaway is $435.60 a share, 26.1% below its $589.83 close; 0 of 1 valuation methods put it above the price.
| Method | Value | vs price | Basis |
|---|---|---|---|
| Discounted cash flow | — | — | 915.80x spot |
| Exit multiple (P/E) | $435.60 | -26.1% | earnings per share $23.15 valued at 22.35× (the stock's own median P/E) in 5 years, discounted back |
| Sum of the parts | — | — | no sum of the parts: the filing states no operating profit for 'Insurance'. The rest are not published without it — a sum missing a part reads as a valuation and is simply wrong |
| Price to sales | — | — | not reached: the cash-flow or earnings methods produced an anchor, so this fallback was not run |
| Tangible book | — | — | used only for lenders, where book value is the business |
| Price to FFO (REITs) | — | — | used only for REITs |
Each working is rebuilt by code from the valuation's own figures and checked against the published value.
Earnings per share grow on the same fading path as the DCF:
| Year | Growth | Earnings per share |
|---|---|---|
| Now | — | $23.15 |
| Year 1 | 6.24% | $24.59 |
| Year 2 | 5.27% | $25.89 |
| Year 3 | 4.59% | $27.07 |
| Year 4 | 4.11% | $28.19 |
| Year 5 | 3.78% | $29.25 |
| Earnings per share in year 5 | $29.25 |
| Exit P/E (the stock's own median P/E) | 22.35× |
| Value in 5 years = earnings × P/E | $653.79 |
| Discounted at 8.46% over 5 years: ÷ 1.5009 | $435.60 |
The base value is the average of the methods kept in it:
| Method | Value |
|---|---|
| Exit multiple (P/E) | $435.60 |
One method is kept, so the base value is its value: $435.60
Base value $435.60 a share
One-year price simulation: a 10% chance the price is below $526.56 and a 10% chance it is above $764.44 in a year; a 69% chance it is higher than today's $589.83, from 14.47% volatility. The simulation assumes the price drifts up at our discount rate of 8.46% a year.
| Week | Price | Base value |
|---|---|---|
| 2 Oct 2026 | $502.65 | — |
| 9 Oct 2026 | $515.62 | — |
| 16 Oct 2026 | $532.02 | — |
| 23 Oct 2026 | $542.19 | $399.25 |
| 30 Oct 2026 | $542.49 | $401.32 |
| 6 Nov 2026 | $570.89 | — |
| 12 Nov 2026 | $589.83 | $435.60 |
Data as of 12 Nov 2026; financials to 30 Sep 2026. Sources: company filings via EODHD, SEC EDGAR, US Treasury. How these values are computed. Not investment advice.
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