Berkshire Hathaway Inc vs Hartford Insurance Group Inc

Berkshire Hathaway Inc (BRK-B) is slightly undervalued and Hartford Insurance Group Inc (HIG) is undervalued.

Against our estimates of intrinsic value, HIG trades at the wider discount: a margin of safety of +35%, against +10% for BRK-B.

Values as of the 22 Sept 2026 close.

Berkshire Hathaway Inc (BRK-B)

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

Hartford Insurance Group Inc (HIG)

Book value at 2.50x, the multiple a 21.8% return on equity justifies, blended with earnings, values the shares at $197.10; the price of $128.73 is 35% below that value.

Leak Score 79/100 on 10 of 12 signals

MetricBRK-BHIG
VerdictSlightly undervaluedUndervalued
Price$503.49$128.73
Intrinsic value$562.02$197.10
Margin of safety+10%+35%
Leak Score55/100 (10/12)79/100 (10/12)
Market cap$968.8B$34.9B
Revenue growth, 5 years8.6%6.7%
Operating margin16.3%18.0%
Net margin22.3%14.9%
Return on equity12.1%21.8%
Debt to equity0.170.22
P/E12.7x8.3x
Forward P/E22.7x9.4x
P/B1.4x1.8x
Dividend yield1.9%

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