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Mesabi Trust (Mesabi Trust) Book Value per Share : $1.60 (As of Jan. 2024)


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What is Mesabi Trust Book Value per Share?

Mesabi Trust's book value per share for the quarter that ended in Jan. 2024 was $1.60.

During the past 12 months, Mesabi Trust's average Book Value Per Share Growth Rate was 83.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 28.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mesabi Trust was 118.10% per year. The lowest was -35.10% per year. And the median was 2.05% per year.

Mesabi Trust's current price is $17.31. Its book value per share for the quarter that ended in Jan. 2024 was $1.60. Hence, today's PB Ratio of Mesabi Trust is 10.83.

During the past 13 years, the highest P/B Ratio of Mesabi Trust was 299.20. The lowest was 6.06. And the median was 22.09.


Mesabi Trust Book Value per Share Historical Data

The historical data trend for Mesabi Trust's Book Value per Share 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.

Mesabi Trust Book Value per Share Chart

Mesabi Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.26 2.35 0.87 1.60

Mesabi Trust Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Book Value per Share 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 0.87 0.95 1.65 1.61 1.60

Competitive Comparison of Mesabi Trust's Book Value per Share

For the Steel subindustry, Mesabi Trust'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.


Mesabi Trust's PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mesabi Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mesabi Trust's PB Ratio falls into.



Mesabi Trust Book Value per Share Calculation

Mesabi Trust's Book Value Per Share for the fiscal year that ended in Jan. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(20.98-0.00)/13.12
=1.60

Mesabi Trust's Book Value Per Share for the quarter that ended in Jan. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(20.98-0.00)/13.12
=1.60

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Mesabi Trust  (NYSE:MSB) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Mesabi Trust Book Value per Share Related Terms

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Mesabi Trust (Mesabi Trust) Business Description

Traded in Other Exchanges
N/A
Address
c/o Deutsche Bank Trust Company Americas Trust & Agency Services, 1 Columbus Circle, 17th Floor, New York, NY, USA, 10019
Mesabi Trust operates as a royalty trust in the United States. The company involves in the conservation and protection of the assets held. Its principally wholly-owned segment is iron ore mining segment and it generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the eastern end of the Mesabi Iron Range. The principal assets of the firm consist of two different interests in certain properties in the Mesabi Iron Range and beneficial interest in the Mesabi Land Trust.
Executives
Robin M. Radke other: Trustee of Mesabi Trust C/O DEUTSCHE BANK TRUST COMPANY AMERICAS, 60 WALL STREET, 16TH FLOOR, NEW YORK NY 10005
Michael P Mlinar other: Trustee of Mesabi Trust 444 WEST ANOKA STREET, DULUTH MN 55803
Robert C. Berglund other: Trustee P.O. BOX 351, CORONA NM 88318
James A Ehrenberg other: Trustee 295 KOPP DRIVE, WEST ST. PAUL MN 55118