Howard Hughes HoldingsHHH -2.19%80 PB Ratio is 1.14 as of Jul. 08, 2026, which is 14% below its 10-year median of 1.33. GuruFocus rates HHH with a GF Score™ of 80/100 and a GF Value™ of $67.25 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,713 Real Estate companies, Howard Hughes Holdings ranks worse than 65.27% on this metric.
The historical rank and industry rank for Howard Hughes Holdings's PB Ratio or its related term are showing as below:
HHH'
s PB Ratio Range Over the Past 10 Years
Min: 0.52 Med: 1.33 Max: 1.91
Current: 1.14
During the past 13 years, Howard Hughes Holdings's highest PB Ratio was 1.91. The lowest was 0.52. And the median was 1.33.
HHH's PB Ratio is ranked worse than 65.27% of 1713
companies
in the Real Estate industry
Industry Median: 0.82
vs HHH: 1.14
During the past 12 months, Howard Hughes Holdings's average Book Value Per Share Growth Rate was 14.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -3.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Howard Hughes Holdings was 13.60% per year. The lowest was -6.90% per year. And the median was -0.90% per year.
Back to Basics: PB Ratio
Howard Hughes Holdings (NYSE:HHH) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* 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.
For the Real Estate - Development subindustry, Howard Hughes Holdings's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Howard Hughes Holdings's PB Ratio distribution charts can be found below:
* The bar in red indicates where Howard Hughes Holdings's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Howard Hughes Holdings (HHH) has a PB Ratio of 1.14 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Howard Hughes Holdings and its competitors. This is 14% below median its historical median of 1.33. Over the past decade, Howard Hughes Holdings' PB Ratio has ranged from 0.52 to 1.91. According to the industry distribution chart, Howard Hughes Holdings ranks #1118 out of 1713 companies in the Real Estate industry, placing it in the top 65.3%.
Is Howard Hughes Holdings' PB Ratio too high?
Howard Hughes Holdings' current PB Ratio of 1.14 is 14% below median its 10-year median of 1.33. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 1.91. The Real Estate industry median PB Ratio is 0.82. Howard Hughes Holdings' value of 1.14 is 39% above this industry median. Based on the distribution chart, Howard Hughes Holdings ranks #1118 out of 1713 companies in the Real Estate industry, which is below the industry midpoint. Overall, Howard Hughes Holdings has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Howard Hughes Holdings' PB Ratio compare to CCS and FOR?
According to the Real Estate industry distribution chart, Howard Hughes Holdings ranks #1118 out of 1713 companies for PB Ratio. This places Howard Hughes Holdings in the lower half of its industry. The industry median PB Ratio is 0.82. Howard Hughes Holdings' value of 1.14 is 39% above this benchmark. Historically, Howard Hughes Holdings' own PB Ratio has ranged from 0.52 to 1.91 over the past decade. While the company's 10-year median is 1.33 vs. the industry median of 0.82, Howard Hughes Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Real Estate company?
The median PB Ratio among Real Estate companies is 0.82, based on 1,713 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Howard Hughes Holdings's current PB Ratio of 1.14 is 39% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Howard Hughes Holdings and its competitors. For the Real Estate industry, the median PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howard Hughes Holdings's current PB Ratio is 1.14, which is 14% below median its own 10-year median of 1.33. 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 (HHH) is currently considered Fairly Valued. The stock's GF Value™ is $67.25, compared to a current price of $72.26 — trading 7.4% above its estimated fair value. The current PB Ratio is 1.14, which is 14% below median its 10-year median of 1.33 and 39% above the Real Estate industry median of 0.82. Howard Hughes Holdings' overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Howard Hughes Holdings (HHH), the current PB Ratio is 1.14 as of Jul. 08, 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 (HHH) Overvalued in 2026?
Based on GuruFocus' analysis, Howard Hughes Holdings stock appears to be overvalued.
The current stock price of $72.26 is trading 7.4% above its estimated GF Value™ of $67.25.
GuruFocus considers Howard Hughes Holdings to be Fairly Valued.
Key valuation signals for HHH:
PB Ratio: 1.14 (14% below median its 10-year median of 1.33)
GF Value™: $67.25 vs. price of $72.26 (7.4% above fair value)
Industry Position: 39% above the Real Estate median (#1118 of 1713)
No single metric tells the full story. See the HHH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
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