Howard Hughes Holdings (FRA:HHE0) E10: €0.86 (As of Mar. 2026)


FRA:HHE0 Howard Hughes Holdings Inc FRA:HHE0
71 GF Score
Price €64.55
GF Value €58.43
Valuation Fairly Valued
! 6 Warning Signs
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What is Howard Hughes Holdings E10?

Howard Hughes Holdings FRA:HHE0 +2.14% 71 E10 is €0.86 as of Mar. 2026. GuruFocus rates FRA:HHE0 with a GF Score™ of 71/100 and a GF Value™ of €58.43 (Fairly Valued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Howard Hughes Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.121. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.86 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Howard Hughes Holdings's average E10 Growth Rate was -26.40% per year. During the past 3 years, the average E10 Growth Rate was 4.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Howard Hughes Holdings was 57.00% per year. The lowest was 4.20% per year. And the median was 30.60% per year.

As of today (2026-07-05), Howard Hughes Holdings's current stock price is €64.55. Howard Hughes Holdings's E10 for the quarter that ended in Mar. 2026 was €0.86. Howard Hughes Holdings's Shiller PE Ratio of today is 75.06.

During the past 13 years, the highest Shiller PE Ratio of Howard Hughes Holdings was 1020.88. The lowest was 48.16. And the median was 97.82.


Howard Hughes Holdings  (FRA:HHE0) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Howard Hughes Holdings's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=64.55/0.86
=75.06

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Howard Hughes Holdings was 1020.88. The lowest was 48.16. And the median was 97.82.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Howard Hughes Holdings E10 Related Terms


Howard Hughes Holdings E10 Historical Data

* Premium members only.

The historical data trend for Howard Hughes Holdings's E10 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.

Howard Hughes Holdings E10 Chart

Howard Hughes Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 1.05 0.26 0.83 1.07

Howard Hughes Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 1.17 1.09 1.13 1.07 0.86

FRA:HHE0 vs CCS, FOR, FPH: E10 Comparison

For the Real Estate - Development subindustry, Howard Hughes Holdings's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Howard Hughes Holdings Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Howard Hughes Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Howard Hughes Holdings's Shiller PE Ratio falls into.


FRA:HHE0
71GF Score
Howard Hughes Holdings Inc FRA:HHE0
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Howard Hughes Holdings E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Howard Hughes Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.121/330.2130*330.2130
=0.121

Current CPI (Mar. 2026) = 330.2130.

Howard Hughes Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 0.142 241.018 0.195
201609 0.169 241.428 0.231
201612 0.967 241.432 1.323
201703 0.122 243.801 0.165
201706 0.062 244.955 0.084
201709 0.201 246.819 0.269
201712 2.924 246.524 3.917
201803 0.024 249.554 0.032
201806 -0.103 251.989 -0.135
201809 0.463 252.439 0.606
201812 0.756 251.233 0.994
201903 0.655 254.202 0.851
201906 0.274 256.143 0.353
201909 0.627 256.759 0.806
201912 -0.027 256.974 -0.035
202003 -2.606 258.115 -3.334
202006 -0.542 257.797 -0.694
202009 2.131 260.280 2.704
202012 -0.099 260.474 -0.126
202103 -1.008 264.877 -1.257
202106 0.075 271.696 0.091
202109 0.060 274.310 0.072
202112 1.850 278.802 2.191
202203 0.036 287.504 0.041
202206 0.397 296.311 0.442
202209 2.212 296.808 2.461
202212 1.010 296.797 1.124
202303 -0.430 301.836 -0.470
202306 -0.360 305.109 -0.390
202309 -10.279 307.789 -11.028
202312 0.633 306.746 0.681
202403 -0.975 312.332 -1.031
202406 0.390 314.175 0.410
202409 1.315 315.301 1.377
202412 3.104 315.605 3.248
202503 0.194 319.799 0.200
202506 -0.191 322.561 -0.196
202509 1.721 324.800 1.750
202512 0.085 324.054 0.087
202603 0.121 330.213 0.121

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €0.86 mean?
Howard Hughes Holdings (FRA:HHE0) has a E10 of €0.86 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Howard Hughes Holdings and its competitors.
Is Howard Hughes Holdings' E10 too high?
Howard Hughes Holdings' current E10 is €0.86. Overall, Howard Hughes Holdings has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Howard Hughes Holdings' E10 compare to CCS and FOR?
Howard Hughes Holdings' E10 of €0.86 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Real Estate company?
A good E10 depends on the Real Estate industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Howard Hughes Holdings and its competitors. Howard Hughes Holdings's current E10 is €0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howard Hughes Holdings stock overvalued right now?
Based on GuruFocus' analysis, Howard Hughes Holdings (FRA:HHE0) is currently considered Fairly Valued. The stock's GF Value™ is €58.43, compared to a current price of €64.55 — trading 10.5% above its estimated fair value. The current E10 is €0.86. Howard Hughes Holdings' overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Howard Hughes Holdings (FRA:HHE0), the current E10 is €0.86 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 Howard Hughes Holdings (FRA:HHE0) Overvalued in 2026?

Based on GuruFocus' analysis, Howard Hughes Holdings stock appears to be overvalued. The current stock price of €64.55 is trading 10.5% above its estimated GF Value™ of €58.43. GuruFocus considers Howard Hughes Holdings to be Fairly Valued.

Key valuation signals for FRA:HHE0:

  • E10: €0.86
  • GF Value™: €58.43 vs. price of €64.55 (10.5% above fair value)
  • GF Score™: 71/100 with 6 warning signs

No single metric tells the full story. See the FRA:HHE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Howard Hughes Holdings Business Description

Address 9950 Woodloch Forest Drive, Suite 1100, 11th Floor, The Woodlands, TX, USA, 77380
Howard Hughes Holdings Inc, through its subsidiary, operates a large-scale, mixed-use real estate platform focused on the development of master planned communities (MPCs), the investment in strategic real estate development opportunities, and the ownership and operation of income-producing properties. The group operates through three reportable business segments: Operating Assets, MPCs, and Strategic Developments. Maximum revenue is generated from the MPC segment, which consists of the development and sale of land in large-scale, long-term community development projects in and around Las Vegas, Nevada; Houston, Texas; and Phoenix, Arizona. Revenues are mainly generated through the sale of residential and commercial land to homebuilders and developers.
71GF Score

Get the complete analysis for FRA:HHE0

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€64.55
Price
€58.43
GF Value