Mesabi Trust (Mesabi Trust) PB Ratio

: 10.96 (As of Today)

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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-23), Mesabi Trust's share price is $17.65. Mesabi Trust's Book Value per Share for the quarter that ended in Oct. 2023 was $1.61. Hence, Mesabi Trust's PB Ratio of today is 10.96.

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

MSB' s PB Ratio Range Over the Past 10 Years
Min: 6.06 Med: 22.09 Max: 299.2
Current: 10.96

During the past 13 years, Mesabi Trust's highest PB Ratio was 299.20. The lowest was 6.06. And the median was 22.09.

MSB's PB Ratio is ranked worse than
98.03% of 608 companies
in the Steel industry
Industry Median: 1 vs MSB: 10.96

During the past 12 months, Mesabi Trust's average Book Value Per Share Growth Rate was 46.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 35.20% per year.

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 0.55% per year.

Back to Basics: PB Ratio

Mesabi Trust PB Ratio Historical Data

The historical data trend for Mesabi Trust's PB 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 Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

PB Ratio

21.42

22.63

19.82

11.92

26.41

Mesabi Trust Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
PB Ratio																20.22	26.41	24.43	11.92	12.70

Competitive Comparison

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 PB Ratio Distribution

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 PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Mesabi Trust's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Oct. 2023)
	=	17.65	/	1.611
	=	10.96

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Mesabi Trust (NYSE:MSB) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Mesabi Trust PB Ratio Related Terms

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Mesabi Trust (Mesabi Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mesabi Trust (NYSE:MSB) » Definitions » PB Ratio

Comparable Companies

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

Website

http://www.mesabi-trust.com

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