Howard Hughes Holdings (MEX:HHH) E10: MXN17.38 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:HHH Howard Hughes Holdings Inc MEX:HHH
75 GF Score
Price MXN1,251.23
GF Value MXN1,290.53
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Howard Hughes Holdings E10?

Howard Hughes Holdings MEX:HHH 75 E10 is MXN17.38 as of Mar. 2026. GuruFocus rates MEX:HHH with a GF Score™ of 75/100 and a GF Value™ of MXN1,290.53 (Fairly Valued). The stock has 5 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 MXN2.525. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN17.38 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 (2026-07-25), Howard Hughes Holdings's current stock price is MXN1251.23. Howard Hughes Holdings's E10 for the quarter that ended in Mar. 2026 was MXN17.38. Howard Hughes Holdings's Shiller PE Ratio of today is 71.99.

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 96.65.


Howard Hughes Holdings  (MEX:HHH) 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
=1251.23/17.38
=71.99

* 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 96.65.


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 2.86 18.73 4.59 14.46 22.46

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 21.77 23.70 26.15 22.46 17.38

MEX:HHH 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.


MEX:HHH
75GF Score
Howard Hughes Holdings Inc MEX:HHH
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)
=2.525/330.2130*330.2130
=2.525

Current CPI (Mar. 2026) = 330.2130.

Howard Hughes Holdings Quarterly Data

per share eps CPI Adj_EPS
201606 2.959 241.018 4.054
201609 3.674 241.428 5.025
201612 21.029 241.432 28.762
201703 2.448 243.801 3.316
201706 1.265 244.955 1.705
201709 4.356 246.819 5.828
201712 67.953 246.524 91.021
201803 0.545 249.554 0.721
201806 -2.358 251.989 -3.090
201809 10.101 252.439 13.213
201812 16.886 251.233 22.194
201903 14.355 254.202 18.647
201906 5.955 256.143 7.677
201909 13.622 256.759 17.519
201912 -0.566 256.974 -0.727
202003 -67.530 258.115 -86.393
202006 -14.080 257.797 -18.035
202009 55.448 260.280 70.346
202012 -2.387 260.474 -3.026
202103 -24.529 264.877 -30.579
202106 1.792 271.696 2.178
202109 1.439 274.310 1.732
202112 42.874 278.802 50.780
202203 0.796 287.504 0.914
202206 8.450 296.311 9.417
202209 44.052 296.808 49.010
202212 20.861 296.797 23.210
202303 -8.291 301.836 -9.070
202306 -6.686 305.109 -7.236
202309 -191.085 307.789 -205.007
202312 11.712 306.746 12.608
202403 -17.592 312.332 -18.599
202406 7.694 314.175 8.087
202409 28.748 315.301 30.108
202412 67.781 315.605 70.918
202503 4.296 319.799 4.436
202506 -4.142 322.561 -4.240
202509 37.055 324.800 37.673
202512 1.801 324.054 1.835
202603 2.525 330.213 2.525

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 MXN17.38 mean?
Howard Hughes Holdings (MEX:HHH) has a E10 of MXN17.38 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 MXN17.38. Overall, Howard Hughes Holdings has a GF Score™ of 75/100 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 MXN17.38 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 MXN17.38. 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 (MEX:HHH) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,290.53, compared to a current price of MXN1,251.23 — trading 3% below its estimated fair value. The current E10 is MXN17.38. Howard Hughes Holdings' overall GF Score™ is 75/100 with 5 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 (MEX:HHH), the current E10 is MXN17.38 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 (MEX:HHH) Overvalued in 2026?

Based on GuruFocus' analysis, Howard Hughes Holdings stock appears to be undervalued. The current stock price of MXN1,251.23 is trading 3% below its estimated GF Value™ of MXN1,290.53. GuruFocus considers Howard Hughes Holdings to be Fairly Valued.

Key valuation signals for MEX:HHH:

  • E10: MXN17.38
  • GF Value™: MXN1,290.53 vs. price of MXN1,251.23 (3% below fair value)
  • GF Score™: 75/100 with 5 warning signs

No single metric tells the full story. See the MEX:HHH 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.
75GF Score

Get the complete analysis for MEX:HHH

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

MXN1,251.23
Price
MXN1,290.53
GF Value