Howard Hughes price to book ratio HHH

Market value divided by the book value of the company's net assets, since 2023.

Today, Oct 23, 2026: 1.1×
3-year median: 1.2×
Against its 3-year history: 21st; percentile: 0 is its lowest day, 100 its highest
3-year range: 0.9× to 1.7×
Peer median: 1.8×

Howard Hughes' price to book ratio is 1.1× as of Oct 23, 2026.

That is below its 3-year median of 1.2×, lower than on 79% of days in the last 3 years.

Over that time it ranged from 0.9× in Sep 2026 to 1.7× in Nov 2024.

The median for 10 specialty REITs of a similar size is 1.8×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	1.1×	0.9×	1.3×
2025	1.2×	1.2×	1.5×
2024	1.5×	1.0×	1.7×
2023	1.4×	1.1×	1.4×

Against its peers

Companies in REIT - Specialty nearest Howard Hughes' size, closest first, today.

Company	Price to book ratio
HHHHoward Hughes	1.1×
APLEApple Hospitality REIT	1.4×
EPREPR Properties	1.9×
KRCKilroy Realty	0.8×
CDPCopt Defense Properties	2.5×
STWDStarwood Property Trust	0.7×
LXPLXP Industrial Trust	1.8×
PECOPhillips Edison	2.1×
KRGKite Realty Group Trust	1.7×
IRTIndependence Realty Trust	1.0×
SBRASabra Health Care REIT	1.8×
Peer median	1.8×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Howard Hughes

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.