BJRI vs BH

Comparison between BJ`s Restaurant Inc (BJRI, Company) and Biglari Holdings Inc - Class B (BH, Company).

Both BJRI and BH are from the Consumer Cyclical sector.

5-Year PerformanceBH has outperformed BJRI, delivering a return of +19.6% compared to +4.5%

BJRI vs BH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BJRI(COMPANY)	BH(COMPANY)
Market Cap	$1.25B	$1.25B
Max Drawdown	91.36%	87.84%
Sharpe Ratio	0.84	0.75
5Y Beta	1.02	0.92
Industry	Restaurants	Restaurants
P/E Ratio	28.95	N/A
Forward P/E	28.01	10.57
PEG Ratio	0.27	-12.63
Debt to Equity	16.64%	46.22%
Free Cash Flow Yield	6.41%	6.50%
P/S Ratio	0.89	3.19
P/B Ratio	3.31	2.56

Market Cap

BJRI

$1.25B

Winner

$1.25B

Max Drawdown

BJRI

91.36%

Winner

87.84%

Sharpe Ratio

Winner

BJRI

0.84

0.75

5Y Beta

BJRI

1.02

Winner

0.92

Industry

BJRI

Restaurants

P/E Ratio

BJRI

28.95

N/A

Forward P/E

BJRI

28.01

Winner

10.57

PEG Ratio

BJRI

0.27

Winner

-12.63

Debt to Equity

Winner

BJRI

16.64%

46.22%

Free Cash Flow Yield

BJRI

6.41%

Winner

6.50%

P/S Ratio

Winner

BJRI

0.89

3.19

P/B Ratio

BJRI

3.31

Winner

2.56

BJRI vs BH - Historical Returns

Returns include dividend reinvestment.

Period	BJRI	BH
1 month	+32.00%	+29.24%
3 months	+55.96%	+20.11%
6 months	+38.59%	-6.52%
1 year	+39.05%	+30.46%
5 years(CAGR)	+4.54%	+19.56%
10 years(CAGR)	+3.58%	+3.85%
Max(CAGR)	+14.63%	+3.64%

Winner

BJRI

+32.00%

+29.24%

Winner

BJRI

+55.96%

+20.11%

Winner

BJRI

+38.59%

-6.52%

Winner

BJRI

+39.05%

+30.46%

5Y(CAGR)

BJRI

+4.54%

Winner

+19.56%

10Y(CAGR)

BJRI

+3.58%

Winner

+3.85%

Max(CAGR)

Winner

BJRI

+14.63%

+3.64%

BJRI vs BH - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BJRI	BH
2026	+46.58%	+14.40%
2025	+9.75%	+32.99%
2024	-0.41%	+59.80%
2023	+34.12%	+19.21%
2022	-24.67%	-1.68%
2021	-7.65%	+30.19%
2020	+1.38%	-2.97%
2019	-24.91%	-2.10%
2018	+38.72%	-59.43%
2017	-4.38%	-13.48%
2016	-6.38%	+41.03%
2015	-13.22%	-19.15%
2014	+61.97%	-20.21%
2013	-7.37%	+37.54%
2012	-25.28%	+4.01%
2011	+27.23%	-11.27%
2010	+88.96%	+30.54%
2009	+66.34%	+162.66%
2008	-31.18%	-43.33%
2007	-16.23%	-37.96%
2006	-12.40%	+5.20%
2005	+66.25%	-13.25%
2004	-2.17%	+11.56%
2003	+119.09%	+75.86%
2002	+27.07%	-5.03%
2001	+76.53%	+62.11%
2000	+148.36%	-31.20%
1999	-28.40%	-17.71%

BJRI vs BH Drawdown Comparison

The maximum drawdown for BJRI was -91.20%, occurring on Mar 18, 2020. This drawdown has not yet recovered.

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

The current BJRI drawdown is -18.97%. The current BH drawdown is -17.57%.

Rank	BJRI	BH
#1	-91.20% Aug 31, 2018 - Mar 18, 2020	-87.84% Dec 26, 2013 - Oct 13, 2025
#2	-75.16% Jun 1, 2006 - Apr 23, 2010	-86.56% Aug 1, 2005 - Dec 20, 2010
#3	-53.88% Jul 13, 2011 - Apr 27, 2018	-48.04% Jan 21, 2026 - May 11, 2026
#4	-45.78% Jul 2, 2002 - Jul 1, 2003	-46.45% Nov 2, 1999 - Jan 14, 2002
#5	-40.95% Nov 7, 2000 - May 25, 2001	-43.19% Jun 28, 2002 - Jul 9, 2003
#6	-36.00% Nov 3, 1999 - Jul 7, 2000	-37.63% Feb 8, 2011 - Aug 22, 2013
#7	-32.85% Jul 3, 2001 - Nov 26, 2001	-27.01% Oct 24, 2025 - Jan 7, 2026
#8	-23.02% Oct 13, 2004 - Mar 14, 2005	-24.52% Jan 21, 2004 - Aug 1, 2005
#9	-22.12% Apr 23, 2010 - Sep 13, 2010	-13.18% Feb 25, 2002 - Jun 14, 2002
#10	-21.27% Jul 29, 2005 - Dec 13, 2005	-11.86% Jun 17, 2002 - Jun 28, 2002
#11	-21.17% Dec 2, 2003 - Feb 26, 2004	-10.28% Jul 9, 2003 - Sep 11, 2003
#12	-18.35% Apr 12, 2002 - May 17, 2002	-9.60% Sep 18, 2003 - Oct 14, 2003
#13	-18.03% Aug 11, 2000 - Sep 21, 2000	-9.38% Nov 3, 2003 - Dec 30, 2003
#14	-18.02% Feb 26, 2004 - Jun 23, 2004	-7.76% Dec 20, 2010 - Jan 14, 2011
#15	-16.77% Jun 24, 2004 - Oct 1, 2004	-7.76% Jan 23, 2002 - Feb 22, 2002