BH vs ESQ

Comparison between Biglari Holdings Inc - Class B (BH, Company) and Esquire Financial Holdings Inc (ESQ, Company).

BH is from the Consumer Cyclical sector, while ESQ is from the Financial Services sector.

5-Year PerformanceESQ has outperformed BH, delivering a return of +36.9% compared to +13.5%

BH vs ESQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BH(COMPANY)	ESQ(COMPANY)
Market Cap	$968M	$967M
Max Drawdown	87.84%	56.52%
Sharpe Ratio	0.65	0.71
5Y Beta	0.91	0.68
Industry	Restaurants	Banks - Regional
P/E Ratio	N/A	18.57
Forward P/E	10.57	N/A
PEG Ratio	-12.63	1.57
Dividend Yield	N/A	0.65%
5Y EPS CAGR	N/A	26.89%
Debt to Equity	46.22%	0.00%
Free Cash Flow Yield	8.42%	6.35%
P/S Ratio	2.40	6.84
P/B Ratio	1.84	3.17

Market Cap

Winner

$968M

ESQ

$967M

Max Drawdown

87.84%

Winner

ESQ

56.52%

Sharpe Ratio

0.65

Winner

ESQ

0.71

5Y Beta

0.91

Winner

ESQ

0.68

Industry

Restaurants

ESQ

Banks - Regional

P/E Ratio

N/A

ESQ

18.57

Forward P/E

10.57

ESQ

N/A

PEG Ratio

Winner

-12.63

ESQ

1.57

Dividend Yield

N/A

ESQ

0.65%

5Y EPS CAGR

N/A

ESQ

26.89%

Debt to Equity

46.22%

Winner

ESQ

0.00%

Free Cash Flow Yield

Winner

8.42%

ESQ

6.35%

P/S Ratio

Winner

2.40

ESQ

6.84

P/B Ratio

Winner

1.84

ESQ

3.17

BH vs ESQ - Historical Returns

Returns include dividend reinvestment.

Period	BH	ESQ
1 month	+32.85%	+9.94%
3 months	+10.30%	+9.28%
6 months	+2.50%	+8.26%
1 year	+31.27%	+26.74%
5 years(CAGR)	+13.51%	+36.90%
10 years(CAGR)	+2.12%	+25.93%
Max(CAGR)	+3.09%	+25.93%

Winner

+32.85%

ESQ

+9.94%

Winner

+10.30%

ESQ

+9.28%

+2.50%

Winner

ESQ

+8.26%

Winner

+31.27%

ESQ

+26.74%

5Y(CAGR)

+13.51%

Winner

ESQ

+36.90%

10Y(CAGR)

+2.12%

Winner

ESQ

+25.93%

Max(CAGR)

+3.09%

Winner

ESQ

+25.93%

BH vs ESQ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BH	ESQ
2026	-1.17%	+14.55%
2025	+32.99%	+31.69%
2024	+59.80%	+60.06%
2023	+19.21%	+17.82%
2022	-1.68%	+36.58%
2021	+30.19%	+68.45%
2020	-2.97%	-26.08%
2019	-2.10%	+24.14%
2018	-59.43%	+14.75%
2017	-13.48%	+29.44%
2016	+41.03%	N/A
2015	-19.15%	N/A
2014	-20.21%	N/A
2013	+37.54%	N/A
2012	+4.01%	N/A
2011	-11.27%	N/A
2010	+30.54%	N/A
2009	+162.66%	N/A
2008	-43.33%	N/A
2007	-37.96%	N/A
2006	+5.20%	N/A
2005	-13.25%	N/A
2004	+11.56%	N/A
2003	+75.86%	N/A
2002	-5.03%	N/A
2001	+62.11%	N/A
2000	-31.20%	N/A
1999	-17.71%	N/A

BH vs ESQ Drawdown Comparison

The maximum drawdown for BH was -87.84%, occurring on Mar 20, 2020. Recovery took 2966 trading sessions.

The maximum drawdown for ESQ was -56.52%, occurring on May 14, 2020. Recovery took 801 trading sessions.

The current BH drawdown is -28.79%. The current ESQ drawdown is -0.71%.

Rank	BH	ESQ
#1	-87.84% Dec 26, 2013 - Oct 13, 2025	-56.52% Jun 28, 2018 - Sep 2, 2021
#2	-86.56% Aug 1, 2005 - Dec 20, 2010	-24.78% Nov 4, 2022 - Jun 16, 2023
#3	-48.04% Jan 21, 2026 - May 11, 2026	-20.68% Jan 31, 2025 - May 8, 2025
#4	-46.45% Nov 2, 1999 - Jan 14, 2002	-20.36% Nov 15, 2021 - Apr 22, 2022
#5	-43.19% Jun 28, 2002 - Jul 9, 2003	-17.48% Jan 29, 2024 - Jul 15, 2024
#6	-37.63% Feb 8, 2011 - Aug 22, 2013	-16.44% Jun 2, 2022 - Aug 12, 2022
#7	-27.01% Oct 24, 2025 - Jan 7, 2026	-15.43% Feb 3, 2026 - Mar 9, 2026
#8	-24.52% Jan 21, 2004 - Aug 1, 2005	-15.42% Jul 26, 2023 - Jan 26, 2024
#9	-13.18% Feb 25, 2002 - Jun 14, 2002	-12.32% Feb 1, 2018 - Apr 2, 2018
#10	-11.86% Jun 17, 2002 - Jun 28, 2002	-11.67% Sep 23, 2025 - Dec 10, 2025
#11	-10.28% Jul 9, 2003 - Sep 11, 2003	-11.25% Jul 24, 2025 - Sep 23, 2025
#12	-9.60% Sep 18, 2003 - Oct 14, 2003	-10.75% Aug 19, 2022 - Oct 18, 2022
#13	-9.38% Nov 3, 2003 - Dec 30, 2003	-10.25% Jul 31, 2024 - Aug 30, 2024
#14	-7.76% Dec 20, 2010 - Jan 14, 2011	-9.95% Dec 4, 2017 - Jan 26, 2018
#15	-7.76% Jan 23, 2002 - Feb 22, 2002	-9.31% Apr 25, 2022 - May 31, 2022