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HHHHoward Hughes Holdings Inc.
$66.75$4.0B
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HomeStocksHHHP/E History

HHH logoHoward Hughes Holdings Inc. (HHH) P/E Ratio History

Undervalued

Trading at 31.8x vs 5Y avg 43.9x · 50th percentile · Below historical baseline · Data 2016–2026

Current P/E (TTM)
31.8x
-28% vs 5Y avg
5Y Avg P/E
43.9x
Median 37.8x
5Y Percentile
50th
Mid-range
PEG Ratio
N/A
5-Year P/E Range
31.8x
Min11.1xMedian37.8xMax156.3x
TTM EPS$2.06
Price$66.75
Earnings Yield3.15%
EPS Growth (1Y)-47.0%
EPS Growth (5Y)N/A

Loading P/E history...

P/E Ratio Analysis

As of June 23, 2026, Howard Hughes Holdings Inc. (HHH) trades at a price-to-earnings ratio of 31.8x, with a stock price of $66.75 and trailing twelve-month earnings per share of $2.06.

The current P/E is 28% below its 5-year average of 43.9x. Over the past five years, HHH's P/E has ranged from a low of 11.1x to a high of 156.3x, placing the current valuation at the 50th percentile of its historical range.

Compared to the Real Estate sector median P/E of 24.1x, HHH trades at a 32% premium to its sector peers. The sector includes 174 companies with P/E ratios ranging from 0.7x to 199.8x.

Relative to the broader market, HHH commands a significant premium over the S&P 500 median P/E of 24.3x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our HHH DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

HHH Cross-Benchmark Valuation

How does the current P/E compare to sector peers and the broader market?

vs. Real Estate
31.8vs24.1
+32%
Above Sector
vs. S&P 500
31.8vs24.3
+31%
Above Market
PEG Analysis
N/A
P/E ÷ EPS Growth
Based on -47% EPS growth (1Y)

HHH P/E vs Peers

Master planned community land developers peers sorted by market cap

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
IRT logoIRTIndependence Realty Trust, Inc.
$4B66.7-+41%
FPH logoFPHFive Point Holdings, LLC
$750M10.4Lowest--50%
ALX logoALXAlexander's, Inc.
$1B47.6--35%
FCPT logoFCPTFour Corners Property Trust, Inc.
$3B22.4-+2%
SPG logoSPGSimon Property Group, Inc.
$70B15.20.47Best+95%
EQR logoEQREquity Residential
$24B22.24.32+7%
AVB logoAVBAvalonBay Communities, Inc.
$25B24.35.13-3%
KIM logoKIMKimco Realty Corporation
$17B29.7-+51%
BXP logoBXPBXP, Inc.
$10B37.3-+1833%Best

Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.

HHH Historical P/E Data (2016–2026)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterPeriod EndPriceTTM EPSP/E Ratiovs Avg
FY2026 Q1-$63.26$2.0431.0x-30%
FY2025 Q4Dec 31 2025$79.77$2.1137.8x-15%
FY2025 Q3-$82.17$5.1516.0x-64%
FY2025 Q2Jun 30 2025$67.50$4.5914.7x-67%
FY2025 Q1Mar 31 2025$74.08$5.2314.2x-68%
FY2024 Q4-$76.92$3.9619.4x-56%
FY2024 Q3Sep 30 2024$77.43$1.5151.3x+15%
FY2023 Q2Jun 30 2023$75.20$2.4131.2x-30%
FY2023 Q1Mar 31 2023$76.22$3.2223.7x-47%
FY2022 Q4Dec 31 2022$72.81$3.7219.6x-56%
FY2022 Q3Sep 30 2022$52.78$4.7411.1x-75%
FY2022 Q2-$64.84$2.6224.7x-44%
FY2022 Q1-$98.72$2.2943.1x-3%
FY2021 Q4Dec 31 2021$96.98$1.0592.4x+108%
FY2021 Q2Jun 30 2021$92.86$1.2872.5x+63%
FY2021 Q1Mar 31 2021$90.64$0.58156.3x+252%
FY2019 Q4-$120.82$1.7170.7x+59%
FY2019 Q3Sep 30 2019$123.48$2.6047.5x+7%
FY2019 Q2Jun 30 2019$118.00$2.4548.2x+8%
FY2019 Q1Mar 31 2019$104.81$2.0251.9x+17%
FY2018 Q4Dec 31 2018$93.01$1.3171.0x+60%
FY2018 Q3Sep 30 2018$118.36$3.9030.3x-32%
FY2018 Q2Jun 30 2018$126.25$3.6035.1x-21%
FY2018 Q1Mar 31 2018$132.56$3.7935.0x-21%
FY2017 Q4Dec 31 2017$125.08$3.8932.2x-28%
FY2017 Q3Sep 30 2017$112.37$1.4677.0x+73%
FY2017 Q2Jun 30 2017$117.04$1.4183.0x+87%
FY2017 Q1Mar 31 2017$111.72$1.5074.5x+68%
FY2016 Q4Dec 31 2016$108.72$4.0626.8x-40%
FY2016 Q3Sep 30 2016$109.10$3.6330.1x-32%
FY2016 Q2-$108.93$4.2025.9x-42%
FY2016 Q1-$100.89$4.2223.9x-46%

Average P/E for displayed period: 44.4x

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HHH — Frequently Asked Questions

Quick answers to the most common questions about buying HHH stock.

What is HHH's P/E ratio?

Howard Hughes Holdings Inc. (HHH) trailing twelve-month P/E ratio is 31.8x, based on TTM diluted EPS of $2.06. The 5-year average P/E is 43.9x and the historical range spans 11.1x to 156.3x.

Is HHH stock overvalued or undervalued?

HHH trades at 31.8x P/E, below its 5-year average of 43.9x. At the 50th percentile of its historical range (11.1x–156.3x), the stock is priced at a discount to its own history.

Is HHH stock expensive?

No, HHH is not expensive on a historical basis. The current P/E of 31.8x is below the 5-year average of 43.9x and sits at the 50th percentile of its valuation range.

What is HHH's historical P/E range?

Over the past 5 years, HHH's P/E ratio has ranged from 11.1x to 156.3x, with a median of 37.8x and an average of 43.9x. The current P/E of 31.8x places the stock at the 50th percentile of this range. Full historical data spans 2016–2026.

How does HHH's P/E compare to the S&P 500?

HHH trades at 31.8x P/E versus the S&P 500 median of 24.3x. The 31% premium to the market typically reflects higher expected earnings growth or quality.

How does HHH's valuation compare to Real Estate peers?

Howard Hughes Holdings Inc. P/E of 31.8x compares to the Real Estate sector median of 24.1x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.

What is HHH's PEG ratio?

HHH PEG ratio is N/A, based on a P/E of 31.8x and EPS growth of -47.0%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.

What is HHH's earnings yield?

HHH earnings yield is 3.15%, the inverse of its 31.8x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.

HHH P/E Ratio History (2016–2026)

Quarterly valuation multiple from closing price and trailing EPS

Current31.0x
Period Avg43.9x
Range11.1x - 156.3x
Change-40%
20 quartersMar 31, 2019 - Mar 31, 2026