BRK.B Following up on the previous mind. Typically when the 200/50 SMAs cross that will mark a local low or soon thereafter. This will either double bottom or rally from here on out. This will be interesting to watch unfold. Stay tuned
BRK.B is trading at 16.08x P/E, 2.55x P/S, and 1.51x P/B. These metrics suggest the stock is undervalued compared to its historical averages and peers. The average price target from analysts is $594.33, implying a 26.7% upside.
BRK.B as long as PB is >1, there is no point investing here. Why overpay for the underlying assets? PB 1.5 now. What is the point paying x1.5 extra for those underlying assets? I think it still has a room for the correction to PB <1 without the Buffet.