Brookfield Wealth Solutions Ltd (BNT) is overvalued and Berkshire Hathaway Inc (BRK-B) is slightly undervalued.
Against our estimates of intrinsic value, BRK-B trades at the wider discount: a margin of safety of +10%, against -28% for BNT.
Values as of the 22 Sept 2026 close.
Book value at 0.50x, the multiple a 0.7% return on equity justifies, blended with earnings, values the shares at $29.45; the price of $37.83 is 28% above that value.
Leak Score 14/100 on 3 of 12 signals
Book value at 1.63x, the multiple a 12.1% return on equity justifies, blended with earnings, values the shares at $562.02; the price of $503.49 is 10% below that value.
Leak Score 55/100 on 10 of 12 signals
| Metric | BNT | BRK-B |
|---|---|---|
| Verdict | Overvalued | Slightly undervalued |
| Price | $37.83 | $503.49 |
| Intrinsic value | $29.45 | $562.02 |
| Margin of safety | -28% | +10% |
| Leak Score | 14/100 (3/12) | 55/100 (10/12) |
| Market cap | $11.2B | $968.8B |
| Revenue growth, 5 years | 86.6% | 8.6% |
| Operating margin | 6.0% | 16.3% |
| Net margin | 0.9% | 22.3% |
| Return on equity | 0.7% | 12.1% |
| Debt to equity | 0.33 | 0.17 |
| P/E | — | 12.7x |
| Forward P/E | — | 22.7x |
| P/B | 0.6x | 1.4x |