TBVPY vs. BRK-B

Last updated Apr 2, 2026

Compare and contrast key facts about Thai Beverage PCL ADR (TBVPY) and Berkshire Hathaway Inc. (BRK-B).

Performance

TBVPY vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thai Beverage PCL ADR (TBVPY) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

TBVPY vs. BRK-B - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TBVPY Thai Beverage PCL ADR	4.35%	5.14%	-10.75%	-21.59%	7.10%	-8.81%	-8.01%	42.95%	-39.36%	1.40%
BRK-B Berkshire Hathaway Inc.	-4.80%	10.89%	27.09%	15.46%	3.31%	28.95%	2.37%	10.93%	3.01%	4.66%

Fundamentals

Total Revenue (TTM) TBVPY : $366.81B BRK-B : $371.37B
Gross Profit (TTM) TBVPY : $111.97B BRK-B : $116.89B
EBITDA (TTM) TBVPY : $54.41B BRK-B : $87.30B

Returns By Period

In the year-to-date period, TBVPY achieves a 4.35% return, which is significantly higher than BRK-B's -4.80% return.

TBVPY

• 1D: 0.00%
• 1M: -9.17%
• YTD: 4.35%
• 6M: -5.20%
• 1Y: -12.81%
• 3Y*: -6.32%
• 5Y*: -5.52%
• 10Y*: —

BRK-B

• 1D: -0.15%
• 1M: -0.35%
• YTD: -4.80%
• 6M: -3.95%
• 1Y: -10.22%
• 3Y*: 15.72%
• 5Y*: 13.13%
• 10Y*: 12.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TBVPY vs. BRK-B — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TBVPY

TBVPY Risk / Return Rank: 18
TBVPY Sharpe Ratio Rank: 23
TBVPY Sortino Ratio Rank: 22
TBVPY Omega Ratio Rank: 9
TBVPY Calmar Ratio Rank: 17
TBVPY Martin Ratio Rank: 18

BRK-B

BRK-B Risk / Return Rank: 17
BRK-B Sharpe Ratio Rank: 16
BRK-B Sortino Ratio Rank: 16
BRK-B Omega Ratio Rank: 16
BRK-B Calmar Ratio Rank: 17
BRK-B Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TBVPY vs. BRK-B - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thai Beverage PCL ADR (TBVPY) and Berkshire Hathaway Inc. (BRK-B). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TBVPY	BRK-B	Difference
Sharpe ratio Return per unit of total volatility	-0.39	-0.56	+0.17
Sortino ratio Return per unit of downside risk	-0.31	-0.65	+0.34
Omega ratio Gain probability vs. loss probability	0.85	0.91	-0.06
Calmar ratio Return relative to maximum drawdown	-0.67	-0.68	+0.01
Martin ratio Return relative to average drawdown	-1.19	-1.16	-0.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TBVPY vs. BRK-B - Sharpe Ratio Comparison

The current TBVPY Sharpe Ratio is -0.39, which is comparable to the BRK-B Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of TBVPY and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TBVPY	BRK-B	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.39	-0.56	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.25	0.77	-1.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.26	0.48	-0.75

Correlation

The correlation between TBVPY and BRK-B is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TBVPY vs. BRK-B - Dividend Comparison

TBVPY's dividend yield for the trailing twelve months is around 5.82%, while BRK-B has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
TBVPY Thai Beverage PCL ADR	5.82%	5.39%	5.04%	4.32%	2.84%	2.80%	0.00%	1.03%	0.86%
BRK-B Berkshire Hathaway Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

TBVPY vs. BRK-B - Drawdown Comparison

The maximum TBVPY drawdown since its inception was -45.50%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for TBVPY and BRK-B.

Drawdown Indicators

	TBVPY	BRK-B	Difference
Max Drawdown Largest peak-to-trough decline	-45.50%	-53.86%	+8.36%
Max Drawdown (1Y) Largest decline over 1 year	-19.13%	-14.95%	-4.18%
Max Drawdown (5Y) Largest decline over 5 years	-32.76%	-26.58%	-6.18%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.57%	—
Current Drawdown Current decline from peak	-40.20%	-11.36%	-28.84%
Average Drawdown Average peak-to-trough decline	-30.43%	-11.07%	-19.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.80%	8.72%	+2.08%

Volatility

TBVPY vs. BRK-B - Volatility Comparison

Thai Beverage PCL ADR (TBVPY) has a higher volatility of 9.62% compared to Berkshire Hathaway Inc. (BRK-B) at 4.33%. This indicates that TBVPY's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TBVPY	BRK-B	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.62%	4.33%	+5.29%
Volatility (6M) Calculated over the trailing 6-month period	22.50%	11.14%	+11.36%
Volatility (1Y) Calculated over the trailing 1-year period	32.79%	18.30%	+14.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.76%	17.20%	+5.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.21%	19.45%	+8.76%

Financials