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Mesabi Trust (Mesabi Trust) Cyclically Adjusted PS Ratio : 6.39 (As of Apr. 27, 2024)


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What is Mesabi Trust Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Mesabi Trust's current share price is $17.31. Mesabi Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $2.71. Mesabi Trust's Cyclically Adjusted PS Ratio for today is 6.39.

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

MSB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.7   Med: 9.43   Max: 16.13
Current: 6.36

During the past years, Mesabi Trust's highest Cyclically Adjusted PS Ratio was 16.13. The lowest was 1.70. And the median was 9.43.

MSB's Cyclically Adjusted PS Ratio is ranked worse than
97.3% of 518 companies
in the Steel industry
Industry Median: 0.47 vs MSB: 6.36

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.

Mesabi Trust's adjusted revenue per share data for the three months ended in Jan. 2024 was $0.456. 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 $2.71 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mesabi Trust Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mesabi Trust'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.

Mesabi Trust Cyclically Adjusted PS Ratio Chart

Mesabi Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.57 10.79 10.31 8.53 7.19

Mesabi Trust Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 8.53 8.52 7.17 7.50 7.19

Competitive Comparison of Mesabi Trust's Cyclically Adjusted PS Ratio

For the Steel subindustry, Mesabi Trust'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.


Mesabi Trust's Cyclically Adjusted PS Ratio Distribution in the Steel Industry

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

* The bar in red indicates where Mesabi Trust's Cyclically Adjusted PS Ratio falls into.



Mesabi Trust 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.

Mesabi Trust's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.31/2.71
=6.39

* 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.

Mesabi Trust's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Mesabi Trust's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.456/129.4194*129.4194
=0.456

Current CPI (Jan. 2024) = 129.4194.

Mesabi Trust Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.038 100.023 0.049
201407 0.599 100.520 0.771
201410 0.898 100.176 1.160
201501 0.452 98.604 0.593
201504 0.100 99.824 0.130
201507 0.208 100.691 0.267
201510 0.200 100.346 0.258
201601 0.232 99.957 0.300
201604 0.000 100.947 0.000
201607 0.199 101.524 0.254
201610 0.262 101.988 0.332
201701 0.368 102.456 0.465
201704 0.363 103.167 0.455
201707 1.085 103.278 1.360
201710 0.831 104.070 1.033
201801 0.344 104.578 0.426
201804 0.507 105.708 0.621
201807 1.458 106.324 1.775
201810 1.059 106.695 1.285
201901 0.562 106.200 0.685
201904 0.409 107.818 0.491
201907 1.090 108.250 1.303
201910 0.495 108.577 0.590
202001 0.423 108.841 0.503
202004 0.163 108.173 0.195
202007 0.550 109.318 0.651
202010 0.437 109.861 0.515
202101 0.825 110.364 0.967
202104 0.717 112.673 0.824
202107 2.115 115.183 2.376
202110 1.207 116.696 1.339
202201 1.368 118.619 1.493
202204 1.082 121.978 1.148
202207 -0.335 125.002 -0.347
202210 0.000 125.734 0.000
202301 -0.175 126.223 -0.179
202304 0.130 127.992 0.131
202307 0.742 128.974 0.745
202310 0.355 129.810 0.354
202401 0.456 129.419 0.456

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.


Mesabi Trust  (NYSE:MSB) 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.


Mesabi Trust Cyclically Adjusted PS Ratio Related Terms

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


Mesabi Trust (Mesabi Trust) Business Description

Industry
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