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HHH (Howard Hughes Holdings) Cyclically Adjusted PS Ratio : 2.34 (As of Jul. 04, 2025)


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What is Howard Hughes Holdings Cyclically Adjusted PS Ratio?

As of today (2025-07-04), Howard Hughes Holdings's current share price is $68.91. Howard Hughes Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $29.50. Howard Hughes Holdings's Cyclically Adjusted PS Ratio for today is 2.34.

The historical rank and industry rank for Howard Hughes Holdings's Cyclically Adjusted PS Ratio or its related term are showing as below:

HHH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.07   Med: 2.91   Max: 7.39
Current: 2.33

During the past years, Howard Hughes Holdings's highest Cyclically Adjusted PS Ratio was 7.39. The lowest was 2.07. And the median was 2.91.

HHH's Cyclically Adjusted PS Ratio is ranked worse than
54.24% of 1298 companies
in the Real Estate industry
Industry Median: 1.98 vs HHH: 2.33

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Howard Hughes Holdings's adjusted revenue per share data for the three months ended in Mar. 2025 was $3.974. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $29.50 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Howard Hughes Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Howard Hughes Holdings's Cyclically Adjusted PS Ratio 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.

* Premium members only.

Howard Hughes Holdings Cyclically Adjusted PS Ratio Chart

Howard Hughes Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.89 4.30 2.83 3.02 2.63

Howard Hughes Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio 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 2.52 2.24 2.77 2.63 2.51

Competitive Comparison of Howard Hughes Holdings's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, Howard Hughes Holdings's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

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

* The bar in red indicates where Howard Hughes Holdings's Cyclically Adjusted PS Ratio falls into.


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Howard Hughes Holdings Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Howard Hughes Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=68.91/29.50
=2.34

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Howard Hughes Holdings's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.974/134.9266*134.9266
=3.974

Current CPI (Mar. 2025) = 134.9266.

Howard Hughes Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 4.842 100.684 6.489
201509 4.741 100.392 6.372
201512 5.428 99.792 7.339
201603 5.653 100.470 7.592
201606 6.411 101.688 8.507
201609 5.666 101.861 7.505
201612 6.514 101.863 8.628
201703 5.420 102.862 7.110
201706 7.169 103.349 9.359
201709 5.980 104.136 7.748
201712 6.990 104.011 9.068
201803 3.729 105.290 4.779
201806 4.215 106.317 5.349
201809 5.937 106.507 7.521
201812 10.780 105.998 13.722
201903 8.181 107.251 10.292
201906 9.968 108.070 12.445
201909 5.323 108.329 6.630
201912 6.579 108.420 8.187
202003 4.038 108.902 5.003
202006 2.812 108.767 3.488
202009 2.778 109.815 3.413
202012 3.843 109.897 4.718
202103 3.423 111.754 4.133
202106 3.810 114.631 4.485
202109 3.931 115.734 4.583
202112 15.648 117.630 17.949
202203 4.004 121.301 4.454
202206 5.445 125.017 5.877
202209 12.928 125.227 13.929
202212 7.334 125.222 7.902
202303 3.969 127.348 4.205
202306 4.504 128.729 4.721
202309 4.600 129.860 4.779
202312 6.301 129.419 6.569
202403 3.161 131.776 3.237
202406 6.383 132.554 6.497
202409 6.574 133.029 6.668
202412 19.482 133.157 19.741
202503 3.974 134.927 3.974

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Howard Hughes Holdings  (NYSE:HHH) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Howard Hughes Holdings Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Howard Hughes Holdings's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Howard Hughes Holdings Business Description

Traded in Other Exchanges
Address
9950 Woodloch Forest Drive, Suite 1100, 11th Floor, The Woodlands, TX, USA, 77380
Howard Hughes Holdings Inc owns, manages, and develops commercial, residential, and mixed-use real estate throughout the USA. Its portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. It operates through four business segments: Operating Assets, MPCs, Strategic Developments and Seaport.
Executives
Elena Verbinskaya officer: Chief Accounting Officer C/O IPSCO TUBULARS INC., 10120 HOUSTON OAKS DRIVE, HOUSTON TX 77064
Anthony Williams director 9950 WOODLOCH FOREST DRIVE, SUITE 1100, THE WOODLANDS TX 77380
Douglas Johnstone officer: Regional President, Hawaii ONE GALLERIA TOWER, 13355 NOEL ROAD, 22ND FOOR, DALLAS TX 75240
Pershing Square Capital Management, L.p. director, 10 percent owner 787 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Zachary Winick officer: CO-PRESIDENT, NEW YORK REGION C/O THE HOWARD HUGHES CORPORATION, 199 WATER STREET, 28TH FLOOR, NEW YORK NY 10038
Kristi Smith officer: President, Columbia 9950 WOODLOCH FOREST DRIVE, SUITE 1100, THE WOODLANDS TX 77380
William A Ackman director, 10 percent owner 787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Ps Management Gp, Llc director, 10 percent owner 787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Frank Stephan officer: PRESIDENT, NEVADA 9950 WOODLOCH FOREST DRIVE, SUITE 1100, THE WOODLANDS TX 77380
David Eun director 9950 WOODLOCH FOREST DRIVE, SUITE 1100, THE WOODLANDS TX 77380
David Michael Striph officer: EVP, Head of Operations ONE GALLERIA TOWER, 13355 NOEL ROAD, 22ND FLOOR, DALLAS TX 75240
Andrew Schwartz officer: CO-PRESIDENT, NEW YORK REGION C/O THE HOWARD HUGHES CORPORATION, 199 WATER STREET, 28TH FLOOR, NEW YORK NY 10038
Carlos A. Olea officer: CHIEF FINANCIAL OFFICER 9950 WOODLOCH FOREST DRIVE, SUITE 1100, THE WOODLANDS TX 77381
Heath Melton officer: PRESIDENT, PHOENIX REGION 9950 WOODLOCH FOREST DRIVE, SUITE 1100, THE WOODLANDS TX 77381
L Jay Cross officer: President 233 SOUTH WACKER DRIVE, SUITE 4600, CHICAGO IL 60606