Berkshire Hathaway Inc (BRK.A)

[Timothy Smith]

The price/earnings multiple of Berkshire is now down below 14, at a time when the market is trying to hold a P/E of 16.

The stock is worth only 62% more than the annual sales of about $194 billion, and the growth rate is continuing to slow.

Revenues were up just 6.5% for 2014, and while that will accelerate this year (revenues were $189 billion for the first three quarters of 2015) net income is rising only because of one-time events like the Kraft-Heinz deal.