W. R. Berkley Corporation (WRB) Valuation — DCF, Graham & Comparables

W. R. Berkley Corporation (WRB) — Price $75.12 (closing price, November 3, 2026) — Financial Services — Insurance - Property & Casualty — NYSE

Latest reported results:

Valuation dashboard for W. R. Berkley Corporation (WRB) with P/E 15.88, P/B 3.04, EV/EBITDA 11.8 and dividend yield 2.50%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Financial Services companies.

W. R. Berkley Corporation functions as an insurance holding company, primarily underwriting commercial policies across the United States and globally. Its extensive operations are divided into two principal divisions: Insurance, and Reinsurance & Monoline Excess. The Insurance segment delivers a wide spectrum of commercial insurance solutions.

What would it be worth at its usual multiples?

Versus its usual multiples: fairly priced · Current P/B 3.0× · Multiples range: $31.40 · $61.80.

At a P/B Kaplio accepts for its ROE 19.0 % (2.5×) $62 (-18 %); at its peers' median (1.3×) $31 (-58 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

W. R. Berkley Corporation reported revenue of $14.71B in the most recent fiscal year, growing at a 5-year CAGR of 12.7%. Net income reached $1.78B, with a 27.4% 5-year CAGR.

Trailing-twelve-month margins: gross margin 61.9%, operating margin 13.2%, net margin 10.4%.

At $75.12 (closing price, November 3, 2026), WRB trades at a P/E of 15.88 and an ROE of 18.98%. Market capitalisation stands at $27.9B, placing it among large-cap names.

Balance sheet quality for WRB: debt-to-equity ratio of 0.30, current ratio of 1.29 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio15.88
Price / Book3.04
EV / EBITDA11.8
Dividend Yield2.50%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
WRBW. R. Berkley Corporation$27.9B15.883.0419.0%
CINFCincinnati Financial Corporation$28.3B10.811.7516.5%
SIGISelective Insurance Group, Inc.$6.0B12.091.7314.3%
SKWDSkyward Specialty Insurance Group, Inc.$2.7B14.191.9416.8%
CBChubb Limited$140.0B12.771.9315.1%
MKLMarkel Corporation$23.2B13.491.279.7%
CNACNA Financial Corporation$12.8B12.461.2510.4%
AFGAmerican Financial Group, Inc.$12.7B13.362.6720.0%

Price

Price$75.12 (closing price, November 3, 2026)
Market Cap$27.9B
ExchangeNYSE
CountryUS

Profitability

Return on Equity18.98%
Return on Invested Capital13.33%
Return on Assets4.08%
Gross Margin61.90%
Operating Margin13.19%
Net Margin10.36%

Related companies: CINF · SIGI · SKWD · CB · MKL · CNA · AFG · THG

Explore sector: Financial Services · Insurance - Property & Casualty

More sections of WRB: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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