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Biglari Holdings (Biglari Holdings) Cyclically Adjusted PS Ratio : 0.55 (As of Apr. 27, 2024)


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What is Biglari Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Biglari Holdings's current share price is $206.85. Biglari Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $374.48. Biglari Holdings's Cyclically Adjusted PS Ratio for today is 0.55.

The historical rank and industry rank for Biglari Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

BH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.52   Max: 1.08
Current: 0.54

During the past years, Biglari Holdings's highest Cyclically Adjusted PS Ratio was 1.08. The lowest was 0.11. And the median was 0.52.

BH's Cyclically Adjusted PS Ratio is ranked better than
65.56% of 241 companies
in the Restaurants industry
Industry Median: 0.79 vs BH: 0.54

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Biglari Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $29.218. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $374.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Biglari Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Biglari Holdings's Cyclically Adjusted PS Ratio 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.

* Premium members only.

Biglari Holdings Cyclically Adjusted PS Ratio Chart

Biglari Holdings Annual Data
Trend Sep14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.30 0.38 0.36 0.44

Biglari Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio 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 0.36 0.44 0.52 0.43 0.44

Competitive Comparison of Biglari Holdings's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Biglari Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Biglari Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Biglari Holdings's Cyclically Adjusted PS Ratio falls into.



Biglari Holdings Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Biglari Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=206.85/374.48
=0.55

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Biglari Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=29.218/129.4194*129.4194
=29.218

Current CPI (Dec. 2023) = 129.4194.

Biglari Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 98.519 99.695 127.893
201406 82.051 100.560 105.599
201409 61.580 100.428 79.357
201412 79.620 99.070 104.011
201503 73.615 99.621 95.634
201506 79.955 100.684 102.774
201509 115.091 100.392 148.369
201512 114.117 99.792 147.997
201603 111.718 100.470 143.908
201606 119.018 101.688 151.475
201609 118.888 101.861 151.053
201612 113.869 101.863 144.674
201703 73.216 102.862 92.119
201706 115.485 103.349 144.617
201709 116.179 104.136 144.387
201712 67.470 104.011 83.952
201803 76.571 105.290 94.119
201806 120.311 106.317 146.455
201809 117.338 106.507 142.581
201812 62.955 105.998 76.866
201903 105.060 107.251 126.776
201906 97.308 108.070 116.532
201909 93.257 108.329 111.413
201912 51.054 108.420 60.942
202003 78.804 108.902 93.651
202006 31.100 108.767 37.005
202009 57.993 109.815 68.346
202012 32.113 109.897 37.818
202103 58.710 111.754 67.990
202106 56.076 114.631 63.310
202109 51.918 115.734 58.057
202112 31.888 117.630 35.084
202203 56.055 121.301 59.807
202206 61.170 125.017 63.324
202209 62.779 125.227 64.881
202212 31.730 125.222 32.794
202303 61.764 127.348 62.769
202306 64.156 128.729 64.500
202309 62.932 129.860 62.719
202312 29.218 129.419 29.218

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Biglari Holdings  (NYSE:BH) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Biglari Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Biglari Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Biglari Holdings (Biglari Holdings) Business Description

Traded in Other Exchanges
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, Oil and Gas Operations, and Maxim. The majority of revenue is derived from the Restaurant Operations segment. The Restaurant Operations segment includes Steak n Shake and Western Sizzlin Restaurant businesses.
Executives
Sardar Biglari, director, 10 percent owner, officer: Chairman and CEO C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
John Garrett Cardwell director 17802 IH 10 WEST, SUITE 400, SAN ANTONIO TX 78257
Campbell Edmund B Iii director C/O BIGLARI HOLDINGS INC., 17802 IH 10 WEST, SUITE 400, SAN ANTONIO TX 78257
Lion Fund Ii, L.p. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Lion Fund, L.p. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Biglari Capital Corp. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259

Biglari Holdings (Biglari Holdings) Headlines

From GuruFocus

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Biglari Holdings Inc (BH) Chairman and CEO Sardar Biglari, Bought $103,950 of Shares

By GuruFocus Research GuruFocus Editor 05-21-2021

BIGLARI HOLDINGS INC. NEWS RELEASE

By PRNewswire 08-04-2023