LEGN vs BH-A

Comparison between Legend Biotech Corp (LEGN, Company) and Biglari Holdings Inc - Class A (BH-A, Company).

LEGN is from the Healthcare sector, while BH-A is from the Consumer Cyclical sector.

5-Year PerformanceBH-A has outperformed LEGN, delivering a return of +19.6% compared to -11.0%

LEGN vs BH-A - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LEGN(COMPANY)	BH-A(COMPANY)
Market Cap	$4.26B	$4.28B
Max Drawdown	78.24%	77.48%
Sharpe Ratio	-0.51	0.81
5Y Beta	0.49	0.52
Industry	Biotechnology	Restaurants
P/E Ratio	-16.98	192.33
Forward P/E	172.41	N/A
PEG Ratio	-1.22	N/A
5Y EPS CAGR	-13.49%	N/A
Debt to Equity	40.23%	40.64%
Free Cash Flow Yield	-5.55%	1.90%
P/S Ratio	3.91	3.32
P/B Ratio	5.13	1.70

Market Cap

LEGN

$4.26B

Winner

BH-A

$4.28B

Max Drawdown

LEGN

78.24%

Winner

BH-A

77.48%

Sharpe Ratio

LEGN

-0.51

Winner

BH-A

0.81

5Y Beta

Winner

LEGN

0.49

BH-A

0.52

Industry

LEGN

Biotechnology

BH-A

Restaurants

P/E Ratio

Winner

LEGN

-16.98

BH-A

192.33

Forward P/E

LEGN

172.41

BH-A

N/A

PEG Ratio

LEGN

-1.22

BH-A

N/A

5Y EPS CAGR

LEGN

-13.49%

BH-A

N/A

Debt to Equity

Winner

LEGN

40.23%

BH-A

40.64%

Free Cash Flow Yield

LEGN

-5.55%

Winner

BH-A

1.90%

P/S Ratio

LEGN

3.91

Winner

BH-A

3.32

P/B Ratio

LEGN

5.13

Winner

BH-A

1.70

LEGN vs BH-A - Historical Returns

Returns include dividend reinvestment.

Period	LEGN	BH-A
1 month	-31.97%	+10.48%
3 months	+7.73%	+15.52%
6 months	+2.57%	-17.67%
1 year	-42.87%	+37.62%
5 years(CAGR)	-11.01%	+19.56%
10 years(CAGR)	N/A	+6.42%
Max(CAGR)	-7.68%	+6.42%

LEGN

-31.97%

Winner

BH-A

+10.48%

LEGN

+7.73%

Winner

BH-A

+15.52%

Winner

LEGN

+2.57%

BH-A

-17.67%

LEGN

-42.87%

Winner

BH-A

+37.62%

5Y(CAGR)

LEGN

-11.01%

Winner

BH-A

+19.56%

10Y(CAGR)

LEGN

N/A

BH-A

+6.42%

Max(CAGR)

LEGN

-7.68%

Winner

BH-A

+6.42%

LEGN vs BH-A - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	LEGN	BH-A
2026	+5.58%	+7.83%
2025	-37.40%	+37.01%
2024	-44.94%	+60.59%
2023	+23.55%	+14.88%
2022	+3.61%	-1.08%
2021	+66.52%	+20.87%
2020	-23.89%	-0.68%
2019	N/A	-5.44%
2018	N/A	-50.01%

LEGN vs BH-A Drawdown Comparison

The maximum drawdown for LEGN was -78.24%, occurring on Feb 4, 2026. This drawdown has not yet recovered.

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

The current LEGN drawdown is -70.31%. The current BH-A drawdown is -20.49%.

Rank	LEGN	BH-A
#1	-78.24% Jul 28, 2023 - Feb 4, 2026	-77.48% May 1, 2018 - Dec 16, 2024
#2	-45.56% Oct 11, 2021 - Jul 5, 2022	-45.84% Jan 21, 2026 - May 11, 2026
#3	-44.67% Jun 30, 2020 - Jul 19, 2021	-24.85% Dec 26, 2024 - Jun 18, 2025
#4	-32.84% Jul 5, 2022 - Jan 13, 2023	-22.73% Oct 27, 2025 - Dec 23, 2025
#5	-28.01% Jul 22, 2021 - Sep 30, 2021	-13.54% Jul 23, 2025 - Aug 15, 2025
#6	-24.32% Jan 13, 2023 - Apr 19, 2023	-8.99% Dec 17, 2024 - Dec 26, 2024
#7	-13.69% May 15, 2023 - Jun 21, 2023	-7.47% Dec 23, 2025 - Jan 6, 2026
#8	-8.85% Jun 22, 2023 - Jul 20, 2023	-5.99% Aug 28, 2025 - Oct 2, 2025
#9	-5.82% Apr 21, 2023 - May 10, 2023	-5.15% Aug 15, 2025 - Aug 27, 2025
#10	-4.73% Jun 10, 2020 - Jun 15, 2020	-3.02% Oct 9, 2025 - Oct 13, 2025
#11	-3.92% Jul 20, 2023 - Jul 28, 2023	-2.74% Jun 23, 2025 - Jul 8, 2025
#12	-3.54% Jun 22, 2020 - Jun 30, 2020	-2.20% Jan 16, 2026 - Jan 21, 2026
#13	-2.57% Jun 16, 2020 - Jun 18, 2020	-2.01% Jul 9, 2025 - Jul 17, 2025
#14	-2.43% Jun 5, 2020 - Jun 9, 2020	-1.31% Oct 15, 2025 - Oct 17, 2025
#15	-1.67% Oct 7, 2021 - Oct 11, 2021	-1.00% Oct 2, 2025 - Oct 7, 2025

Correlation

Correlation between LEGN and BH-A is -0.41 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.41

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