The most expensive stock in the world at the end of 2021

  •   HARMANT Adeline

Among the stocks listed on the world market, some are accessible and can be purchased by any investor who wishes to add them to their stock portfolio. But others require a large amount of investment capital because their price is extremely high. In this article, we'll find out what the world's most expensive stock is on October 1, 2021.  

72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. This is an advert for trading CFDs on Plus500
The most expensive stock in the world at the end of 2021

Berkshire Hathaway is the world's most expensive stock:

At the time of writing, i.e. on 1 October 2021, the most expensive stock in the world is none other than Berkshire Hathaway Inc. Indeed, to buy this stock, you will have to pay the sum of 411,379 dollars for a single share (price on 01/10/2021).

Remember that this American company is also one of the companies with the highest market value in the world with a value of 455 billion dollars.

But what are the activities of Berkshire Hathaway? The company's main activities are in the field of insurance and finance. But what has allowed it to grow in recent years is its strategy of diversifying its business into railroads, utilities, food and non-food products.

 

Why is this stock so expensive?

The fact that Berkshire Hathaway is currently the world's most expensive stock is no accident. Indeed, to reach such sums, this stock is particularly popular with investors and this is not without reason.  It should be remembered that it is a world-famous investor who owns the majority of Berkshire Hathaway's capital, namely Warren Buffet. This American investor and entrepreneur is known for his successful investments, which have enabled him to build a real fortune.

In order to succeed in its growth strategy and generate ever more turnover and profits, Berkshire Hathaway has implemented a strategy of developing its activities by creating or buying out various subsidiaries:

  • The GEICO subsidiary specialises in motor insurance
  • General Re is specialised in the reinsurance sector
  • The Berkshire Hathaway Primary Group specialises in insurance
  • The BNSF subsidiary is a company specialising in rail transport.
  • Berkshire Hathaway Energy specialises, as its name suggests, in electricity and gas.
  • Finally, the McLane Company subsidiary specialises in wholesale trade.

 

What are the other most expensive stocks in the world?

As of October 2, 2021, the next most expensive stocks in the world after Berkshire Hathaway include Lindt & Sprüngli, NVR Incorporated, Amazon Inc, Seabord Corporation, Booking Holding, Cable One, Alphabet Inc, AutoZone Incorporated and Markel Corporation.

 

The most expensive stocks in terms of market capitalisation:

The price of a stock is not the only element taken into account when assessing the value of a listed company. It is the market capitalisation of the company that will allow us to assess its value. It is obtained by multiplying the price of a share by the total number of shares.

Currently, in terms of market capitalisation, the American group Apple is the most expensive in the world with a total of 2,226,000 billion dollars on the stock market.

In second place is the Microsoft Group with a market capitalisation of USD 2,008,000 billion.

In third place is Amazon with a market capitalisation of $1.73 trillion.

Then comes the Google Group with a total market capitalisation of $1.673 trillion and the Facebook Group with a market capitalisation of $973.07 billion.

In the past, the Chinese energy giant PetroChina was one of the largest market capitalisations in the world. Indeed, in 2000, when it was first listed on the stock market, the group had a market value of $1 trillion. However, this valuation then included unlisted shares in its calculation of the total number of shares and the valuation has not been confirmed. As a result, the total market capitalisation of this company is currently only USD 148.1 billion.

 

The companies with the highest turnover :

Finally and beyond the share price and capitalisation of a company, the amount of turnover achieved also gives an indication of the strongest listed companies.

Walmart, for example, has the highest turnover in the world, with over $562 billion in 2020. In second place is the giant Amazon with a turnover of 419 billion dollars, followed by HCL Technologies with 394.29 billion dollars.

Berkshire Hathaway, despite being the world's most expensive stock, is second only to these companies with revenues of $365.56 billion in 2020.

The next most expensive companies in the ranking are Apple with $325 billion, Sinopec with $317 billion and Petrochina with $307 billion.

The year before, it was Walmart that was number one in the world in terms of performance. But it was ExxonMobil that took the next position with $264.9 billion in revenue for the year. Apple Group was third with $260.2 billion and Berkshire Hathaway was fourth with $254.6 billion.

Companies from the healthcare sector were next with CVS, UnitedHealth Group, and McKesson with revenues of $256 billion, $242.3 billion, and $214.3 billion respectively.

72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. This is an advert for trading CFDs on Plus500