$BRK.B · Everything Money · 2026-11-07
伯克希尔哈撒韦按市净率评估：巴菲特曾表示1.2至1.5倍账面价值是真正便宜的区间，具体是低于1.2倍，而约1.5倍且伴随业务变化和更多投资时或许值得关注。其1.24万亿美元市值对7500亿美元权益约为1.6或1.7倍账面价值，高于上述水平；未给出明确的买入或卖出建议。
逐段跳播
沃伦·巴菲特旗下的巨型企业集团 Berkshire Hathaway 也创下了新高。
Berkshire Hathaway, Warren Buffett's giant conglomerate, also achieved a new record high.
现在说说 Berkshire Hathaway 这家公司。各位，对于 Berkshire Hathaway，我唯一会看的就是，我的天，一股要86.5万美元。
Now, the company " Berkshire Hathaway". Guys, with Berkshire Hathaway, the only thing I look at with them is, oh my god, one share is $865,000.
各位，对于 Berkshire Hathaway，我认为更重要的是市净率。如果它们的售价是账面价值的1.2到1.5倍，那么这很可能就是巴菲特所指的股票真正便宜的那个区间，也就是低于1.2的水平。
所以，如果比率在1.5左右，而业务正在变化，他们又在进行更多投资，那么这可能是个值得看看的好时机。
Now, folks, for Berkshire Hathaway, I think it's more about book value. If they are selling at 1.2 to 1.5 times book value, then this is likely the range in which Buffett indicated that the stock is really cheap, i.e., below the 1.2 level.
So, if the ratio is around 1.5, and the business is changing, and they are making more investments, then it might be a good time to take a look at it.
什么是账面价值？就是资产减去负债，本质上就是它们的股东权益，目前达到7500亿美元。好了各位，市值是1.24万亿。所以，大约是1.6或1.7倍的
What is book value? It is the assets minus the liabilities, which is essentially their shareholders’ equity , currently amounting to $750 billion . Okay guys, the market capitalization is 1.24 trillion. So, it's about 1.6 or 1.7 times the