It depends, since you're asking there's room for doubt. For most experienced lovers of cannabis hash is going to be considered more valuable. Well it should be, since if done right it's the pure essence of what gets you high (the resin) minus all the excess plant material that aside from the resin does nothing for you.
Not all people enjoy hash though and if you're one of those types of people then no matter how much purer/concentrated it is you're still not going to enjoy it.