W. R. Berkley (WRB) Stock May Be 39% Undervalued On Excess Returns

W. R. Berkley has quietly put up a strong share price record over the past few years, and that kind of run naturally raises a question about what the business is actually earning on the capital it puts to work. Investors now have to weigh whether the returns it earns inside the business are strong enough to support where the stock trades today. Over the past 5 years, W. R. Berkley has returned 133.3%, which puts real focus on whether the stock price still lines up with the returns the...