Company overview
Biglari Holdings Inc., through its subsidiaries, primarily operates and franchises restaurants in the United States. It owns, operates, and franchises restaurants under the Steak n Shake and Western Sizzlin names. The company also engages in underwriting commercial truck insurance, including selling physical damage and non-trucking liability insurance to truckers; and property and casualty insurance and reinsurance. In addition, it operates oil and natural gas properties offshore in Louisiana state waters and in the Permian Basin; and publishes, licenses, and sells magazines under the MAXIM and Maxim brand names. Further, it engages in the investment activities. The company was formerly known as The Steak n Shake Company and changed its name to Biglari Holdings Inc. in April 2010. Biglari Holdings Inc. was founded in 1934 and is based in San Antonio, Texas.
Daily valuation snapshot
These values come from the daily market snapshot dated 2026-10-08. TTM means trailing twelve months. Use the market date when comparing BH with another company.
| Daily close (USD) | $367.7 |
| Market capitalization (USD) | $4,594,318,158.36 |
| Price / earnings (TTM) | Not reported |
| Price / book | 8.45 |
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Read BH's valuation metrics
Company size
Biglari Holdings Inc. Class B Common Stock's recorded market capitalization is $4,594,318,158.36. It measures the market value of the company's equity, rather than its revenue or cash balance.
Price relative to earnings
P/E compares share price with trailing annual earnings per share. For a company with losses, inspect the earnings figures directly rather than treating a negative multiple as a cheap valuation.
Price relative to book equity
BH's recorded price-to-book ratio is 8.45. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.
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