BH (Biglari Holdings) 3-Year RORE % : 10.71% (As of Mar. 2026)


BH Biglari Holdings Inc BH
57 GF Score
Price $420.92
GF Value $241.16
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Biglari Holdings 3-Year RORE %?

Biglari Holdings BH +0.06% 57 3-Year RORE % is 10.71 as of Mar. 2026. GuruFocus rates BH with a GF Score™ of 57/100 and a GF Value™ of $241.16 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 327 Restaurants companies, Biglari Holdings ranks better than 51.99% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Biglari Holdings's 3-Year RORE % for the quarter that ended in Mar. 2026 was 10.71%.

The industry rank for Biglari Holdings's 3-Year RORE % or its related term are showing as below:

BH's 3-Year RORE % is ranked better than
51.99% of 327 companies
in the Restaurants industry
Industry Median: 8.92 vs BH: 10.71

Biglari Holdings  (NYSE:BH) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Biglari Holdings 3-Year RORE % Related Terms


Biglari Holdings 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Biglari Holdings's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Biglari Holdings 3-Year RORE % Chart

Biglari Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.39 -140.51 -6.42 -366.10 475.86

Biglari Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 209.58 -73.08 -24.79 475.86 10.71

BH vs BJRI, PZZA, CBRL: 3-Year RORE % Comparison

For the Restaurants subindustry, Biglari Holdings's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Biglari Holdings 3-Year RORE % vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Biglari Holdings's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Biglari Holdings's 3-Year RORE % falls into.


BH
57GF Score
Biglari Holdings Inc BH
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Biglari Holdings 3-Year RORE % Calculation

Biglari Holdings's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( -14.56--7.484 )/( -66.074-0 )
=-7.076/-66.074
=10.71 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 10.71 mean?
Biglari Holdings (BH) has a 3-Year RORE % of 10.71 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Biglari Holdings and its competitors. According to the industry distribution chart, Biglari Holdings ranks #157 out of 327 companies in the Restaurants industry, placing it in the top 48%.
Is Biglari Holdings' 3-Year RORE % too high?
Biglari Holdings' current 3-Year RORE % is 10.71. The Restaurants industry median 3-Year RORE % is 8.92. Biglari Holdings' value of 10.71 is 20.1% above this industry median. Based on the distribution chart, Biglari Holdings ranks #157 out of 327 companies in the Restaurants industry, which is above the industry midpoint. Overall, Biglari Holdings has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Biglari Holdings' 3-Year RORE % compare to BJRI and PZZA?
According to the Restaurants industry distribution chart, Biglari Holdings ranks #157 out of 327 companies for 3-Year RORE %. This puts Biglari Holdings in the upper half of its industry. The industry median 3-Year RORE % is 8.92. Biglari Holdings' value of 10.71 is 20.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for a Restaurants company?
The median 3-Year RORE % among Restaurants companies is 8.92, based on 327 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Biglari Holdings's current 3-Year RORE % of 10.71 is 20.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Biglari Holdings and its competitors. For the Restaurants industry, the median 3-Year RORE % is 8.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biglari Holdings's current 3-Year RORE % is 10.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Biglari Holdings stock overvalued right now?
Based on GuruFocus' analysis, Biglari Holdings (BH) is currently considered Significantly Overvalued. The stock's GF Value™ is $241.16, compared to a current price of $420.92 — trading 74.5% above its estimated fair value. The current 3-Year RORE % is 10.71 and 20.1% above the Restaurants industry median of 8.92. Biglari Holdings' overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Biglari Holdings (BH), the current 3-Year RORE % is 10.71 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Biglari Holdings (BH) Overvalued in 2026?

Based on GuruFocus' analysis, Biglari Holdings stock appears to be overvalued. The current stock price of $420.92 is trading 74.5% above its estimated GF Value™ of $241.16. GuruFocus considers Biglari Holdings to be Significantly Overvalued.

Key valuation signals for BH:

  • 3-Year RORE %: 10.71
  • GF Value™: $241.16 vs. price of $420.92 (74.5% above fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 20.1% above the Restaurants median (#157 of 327)

No single metric tells the full story. See the BH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Biglari Holdings Business Description

Other Exchanges BH.A:USA
Address 19100 Ridgewood Parkway, Suite 1200, San Antonio, TX, USA, 78259
Biglari Holdings Inc is a holding company that owns subsidiaries in a range of businesses. The company's reportable segments include Restaurant Operations, Insurance Operations, and Oil and Gas Operations. Its restaurant operations include Steak n Shake and Western Sizzlin. Its insurance operations include First Guard, Southern Pioneer, and Biglari Reinsurance. Oil and gas operations include Southern Oil and Abraxas Petroleum. The company also reports segment information for Maxim. The majority of revenue is derived from the Restaurant Operations Segment.
57GF Score

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3-Year RORE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$420.92
Price
$241.16
GF Value