Is W.R. Berkley Corp. overvalued or undervalued?

As of 7 July 2025, the valuation grade for W.R. Berkley Corp. has moved from expensive to fair, indicating a shift in perception regarding its market value. The company appears fairly valued at this time. Key valuation ratios include a P/E ratio of 24, a Price to Book Value of 4.62, and an EV to Sales ratio of 2.92, which suggest that while the company is priced above its book value, it is not excessively so compared to its peers.
In comparison to its peers, W.R. Berkley Corp. has a P/E ratio higher than Markel Group, Inc. at 11.12 and Loews Corp. at 15.89, but lower than Erie Indemnity Co. at 36.82, indicating a mixed competitive positioning. Notably, W.R. Berkley Corp. has outperformed the S&P 500 year-to-date with a return of 24.91% compared to the index's 12.22%, and over one year, it has returned 26.45% versus 17.14% for the S&P 500, reinforcing its fair valuation status amidst strong performance.