BH-A vs PEGA

Comparison between Biglari Holdings Inc - Class A (BH-A, Company) and Pegasystems Inc (PEGA, Company).

BH-A is from the Consumer Cyclical sector, while PEGA is from the Technology sector.

5-Year PerformanceBH-A has outperformed PEGA, delivering a return of +19.1% compared to -17.4%

BH-A vs PEGA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BH-A(COMPANY)	PEGA(COMPANY)
Market Cap	$4.28B	$4.27B
Max Drawdown	77.48%	92.16%
Sharpe Ratio	0.58	-1.08
5Y Beta	0.53	1.20
Industry	Restaurants	Software - Application
P/E Ratio	192.33	13.63
Forward P/E	N/A	10.59
PEG Ratio	N/A	0.28
Dividend Yield	N/A	0.29%
5Y Dividends CAGR	N/A	20.11%
5Y EPS CAGR	N/A	82.74%
Debt to Equity	40.64%	0.00%
Free Cash Flow Yield	1.90%	11.53%
P/S Ratio	3.32	2.46
P/B Ratio	1.70	7.32

Market Cap

Winner

BH-A

$4.28B

PEGA

$4.27B

Max Drawdown

Winner

BH-A

77.48%

PEGA

92.16%

Sharpe Ratio

Winner

BH-A

0.58

PEGA

-1.08

5Y Beta

Winner

BH-A

0.53

PEGA

1.20

Industry

BH-A

Restaurants

PEGA

Software - Application

P/E Ratio

BH-A

192.33

Winner

PEGA

13.63

Forward P/E

BH-A

N/A

PEGA

10.59

PEG Ratio

BH-A

N/A

PEGA

0.28

Dividend Yield

BH-A

N/A

PEGA

0.29%

5Y Dividends CAGR

BH-A

N/A

PEGA

20.11%

5Y EPS CAGR

BH-A

N/A

PEGA

82.74%

Debt to Equity

BH-A

40.64%

Winner

PEGA

0.00%

Free Cash Flow Yield

BH-A

1.90%

Winner

PEGA

11.53%

P/S Ratio

BH-A

3.32

Winner

PEGA

2.46

P/B Ratio

Winner

BH-A

1.70

PEGA

7.32

BH-A vs PEGA - Historical Returns

Returns include dividend reinvestment.

Period	BH-A	PEGA
1 month	+9.19%	-12.75%
3 months	+15.06%	-26.14%
6 months	-20.92%	-48.29%
1 year	+22.11%	-55.04%
5 years(CAGR)	+19.11%	-17.40%
10 years(CAGR)	+6.18%	+6.55%
Max(CAGR)	+6.18%	+10.76%

Winner

BH-A

+9.19%

PEGA

-12.75%

Winner

BH-A

+15.06%

PEGA

-26.14%

Winner

BH-A

-20.92%

PEGA

-48.29%

Winner

BH-A

+22.11%

PEGA

-55.04%

5Y(CAGR)

Winner

BH-A

+19.11%

PEGA

-17.40%

10Y(CAGR)

BH-A

+6.18%

Winner

PEGA

+6.55%

Max(CAGR)

BH-A

+6.18%

Winner

PEGA

+10.76%

BH-A vs PEGA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BH-A	PEGA
2026	+6.00%	-53.53%
2025	+37.01%	+28.65%
2024	+60.59%	+99.13%
2023	+14.88%	+41.53%
2022	-1.08%	-68.86%
2021	+20.87%	-14.99%
2020	-0.68%	+63.54%
2019	-5.44%	+67.44%
2018	-50.01%	-0.14%
2017	N/A	+31.28%
2016	N/A	+33.59%
2015	N/A	+35.81%
2014	N/A	-14.75%
2013	N/A	+110.24%
2012	N/A	-22.85%
2011	N/A	-19.90%
2010	N/A	+5.18%
2009	N/A	+167.66%
2008	N/A	+12.31%
2007	N/A	+20.89%
2006	N/A	+32.67%
2005	N/A	-14.30%
2004	N/A	-1.39%
2003	N/A	+69.41%
2002	N/A	+19.39%
2001	N/A	+58.18%
2000	N/A	-78.86%
1999	N/A	+52.54%

BH-A vs PEGA Drawdown Comparison

The maximum drawdown for BH-A was -77.48%, occurring on May 15, 2020. Recovery took 1668 trading sessions.

The maximum drawdown for PEGA was -92.16%, occurring on Dec 26, 2000. Recovery took 2311 trading sessions.

The current BH-A drawdown is -21.84%. The current PEGA drawdown is -64.12%.

Rank	BH-A	PEGA
#1	-77.48% May 1, 2018 - Dec 16, 2024	-92.16% Mar 2, 2000 - May 12, 2009
#2	-45.84% Jan 21, 2026 - May 11, 2026	-79.20% Feb 12, 2021 - Oct 11, 2022
#3	-24.85% Dec 26, 2024 - Jun 18, 2025	-58.68% Jul 8, 2011 - Nov 13, 2013
#4	-22.73% Oct 27, 2025 - Dec 23, 2025	-46.83% Apr 22, 2010 - Feb 25, 2011
#5	-13.54% Jul 23, 2025 - Aug 15, 2025	-40.08% Feb 20, 2020 - Jul 1, 2020
#6	-8.99% Dec 17, 2024 - Dec 26, 2024	-37.30% Nov 27, 2013 - Jul 30, 2015
#7	-7.47% Dec 23, 2025 - Jan 6, 2026	-33.81% Sep 18, 2018 - Apr 1, 2019
#8	-5.99% Aug 28, 2025 - Oct 2, 2025	-31.03% Nov 4, 2015 - Oct 18, 2016
#9	-5.15% Aug 15, 2025 - Aug 27, 2025	-26.82% Jun 8, 2017 - Apr 19, 2018
#10	-3.02% Oct 9, 2025 - Oct 13, 2025	-24.91% Jan 27, 2000 - Feb 15, 2000
#11	-2.74% Jun 23, 2025 - Jul 8, 2025	-21.94% Dec 9, 1999 - Jan 19, 2000
#12	-2.20% Jan 16, 2026 - Jan 21, 2026	-20.56% Oct 9, 2009 - Dec 28, 2009
#13	-2.01% Jul 9, 2025 - Jul 17, 2025	-20.52% Feb 25, 2011 - Jun 21, 2011
#14	-1.31% Oct 15, 2025 - Oct 17, 2025	-17.97% Jun 2, 2009 - Jul 29, 2009
#15	-1.00% Oct 2, 2025 - Oct 7, 2025	-17.97% Jun 6, 2018 - Sep 14, 2018