Biglari Holdings (BH) Price to Book (2018 - 2026)
Biglari Holdings' Price to Book was 8.17 in Q2 2026, up 66.3% from 4.92 a year earlier and up 16.9% from the prior quarter.
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Analysis
Biglari Holdings (BH) Price to Book (2018 - 2026) Analysis & Trends
For FY2025, Price to Book at Biglari Holdings came in at 6.88, up 49.4% from FY2024.
- Price to Book has now increased for six consecutive years.
- In earlier years, Price to Book was 4.60 in FY2024 (+68.0%), 2.74 in FY2023 (+7.0%), 2.56 in FY2022 (+4.6%) and 2.45 in FY2021 (+14.2%).
- The Q2 2026 figure marks the highest quarterly Price to Book in data going back to Q2 2018.
- Compared with a year earlier, Price to Book has increased for seven straight quarters, with growth averaging 51.6% over the last eight quarters.
- The best year-over-year quarter for Price to Book over five years was Q3 2025 (growth of 92.5%); the worst was Q3 2022 (a decline of 17.4%).
- Per Business Quant data, BH's Price to Book in the three quarters before Q2 2026 was 6.99 (Q1 2026), 6.88 (Q4 2025) and 5.51 (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.17 |
| Mar 31, 2026 | 6.99 |
| Dec 31, 2025 | 6.88 |
| Sep 30, 2025 | 5.51 |
| Jun 30, 2025 | 4.92 |
| Mar 31, 2025 | 4.22 |
| Dec 31, 2024 | 4.60 |
| Sep 30, 2024 | 2.86 |
| Jun 30, 2024 | 3.32 |
| Mar 31, 2024 | 3.24 |
| Dec 31, 2023 | 2.74 |
| Sep 30, 2023 | 3.11 |
| Jun 30, 2023 | 3.19 |
| Mar 31, 2023 | 2.77 |
| Dec 31, 2022 | 2.56 |
| Sep 30, 2022 | 2.34 |
| Jun 30, 2022 | 2.40 |
| Mar 31, 2022 | 2.57 |
| Dec 31, 2021 | 2.45 |
| Sep 30, 2021 | 2.83 |
API Access
Biglari Holdings Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=BH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "BH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=BH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();