W. R. Berkley Corporation (WRB)

FairStock Score: 69/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at W. R. Berkley as a specialty commercial property-casualty insurer and reinsurer, a business where underwriting discipline matters more than flashy growth. At the 2026-10-13 close, FairStock calculations show a P/E of 15.13, P/B of 2.95, PEG of 1.19, ROE of 20.21%, and debt-to-equity of only 0.32. That combination says the company earns high returns on shareholders' capital without leaning heavily on debt, while a beta of 0.28 suggests steadier shares. Filed figures show fiscal Q2 2026, the quarter ended 2026-06-30, with net income of $452.3M and diluted EPS of $1.15; FY2025, the year ended 2025-12-31, had net income of $1.8B and diluted EPS of $4.45. FairStock's Lynch category is STALWART, based on 27.4% yearly profit growth over five years and 9.2% revenue growth. That is a good record, though the filed revenue extracts look inconsistent across periods. The Piotroski F-Score of 5/9 is middling. The main gap is underwriting quality: combined ratio, reserve development, CET1 and NIM are not in the data. At 2.95 times book, I am not getting a bargain; I am paying for durable high ROE. If underwriting stays strong, the price is fair. If the cycle turns, the multiple gives little slack.

In plain English: W. R. Berkley sells business insurance and reinsurance. It earns strong profits, carries low debt, and has grown steadily over recent years. The share price looks roughly fair rather than cheap compared with those profits and net worth.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer