Mesabi TrustMSB +1.64%75 PS Ratio is 22.73 as of Jun. 28, 2026, which is 109% above its 10-year median of 10.86. GuruFocus rates MSB with a GF Score™ of 75/100 and a GF Value™ of $18.16 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 612 Steel companies, Mesabi Trust ranks worse than 98.53% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Mesabi Trust's share price is $24.75.
Mesabi Trust's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 was $1.09. Hence, Mesabi Trust's PS Ratio for today is 22.73.
The historical rank and industry rank for Mesabi Trust's PS Ratio or its related term are showing as below:
MSB'
s PS Ratio Range Over the Past 10 Years
Min: 4.01 Med: 10.86 Max: 48.72
Current: 22.73
During the past 13 years, Mesabi Trust's highest PS Ratio was 48.72. The lowest was 4.01. And the median was 10.86.
MSB's PS Ratio is ranked worse than 98.53% of 612
companies
in the Steel industry
Industry Median: 0.58
vs MSB: 22.73
Mesabi Trust revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Mesabi Trust was -39.90% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 30.30% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -11.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 1.70% per year.
During the past 13 years, Mesabi Trust's highest 3-Year average Revenue per Share Growth Rate was 96.60% per year. The lowest was -38.20% per year. And the median was 13.10% per year.
Back to Basics: PS Ratio
Mesabi Trust (NYSE:MSB) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Mesabi Trust PS Ratio Related Terms
Mesabi Trust PS Ratio Historical Data
* Premium members only.
The historical data trend for Mesabi Trust's 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.
For the Steel subindustry, Mesabi Trust's PS Ratio, along with its competitors' market caps and 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 PS Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Mesabi Trust's PS Ratio distribution charts can be found below:
* The bar in red indicates where Mesabi Trust's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Mesabi Trust's PS Ratio for today is calculated as
Mesabi Trust's Share Price of today is $24.75. Mesabi Trust's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.09.
* 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.
It can also be calculated from the numbers for the whole company:
Mesabi Trust (MSB) has a PS Ratio of 22.73 as of Jun. 28, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Mesabi Trust and its competitors. This is 109% above median its historical median of 10.86. Over the past decade, Mesabi Trust's PS Ratio has ranged from 4.01 to 48.72. According to the industry distribution chart, Mesabi Trust ranks #603 out of 612 companies in the Steel industry, placing it in the top 98.5%.
Is Mesabi Trust's PS Ratio too high?
Mesabi Trust's current PS Ratio of 22.73 is 109% above median its 10-year median of 10.86. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 48.72. The Steel industry median PS Ratio is 0.58. Mesabi Trust's value of 22.73 is 3819% above this industry median. Based on the distribution chart, Mesabi Trust ranks #603 out of 612 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mesabi Trust has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mesabi Trust's PS Ratio compare to FRD and LUD?
According to the Steel industry distribution chart, Mesabi Trust ranks #603 out of 612 companies for PS Ratio. This places Mesabi Trust in the lower half of its industry. The industry median PS Ratio is 0.58. Mesabi Trust's value of 22.73 is 3819% above this benchmark. Historically, Mesabi Trust's own PS Ratio has ranged from 4.01 to 48.72 over the past decade. While the company's 10-year median is 10.86 vs. the industry median of 0.58, Mesabi Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for a Steel company?
The median PS Ratio among Steel companies is 0.58, based on 612 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mesabi Trust's current PS Ratio of 22.73 is 3819% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Mesabi Trust and its competitors. For the Steel industry, the median PS Ratio is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesabi Trust's current PS Ratio is 22.73, which is 109% above median its own 10-year median of 10.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesabi Trust stock overvalued right now?
Based on GuruFocus' analysis, Mesabi Trust (MSB) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.16, compared to a current price of $24.75 — trading 36.3% above its estimated fair value. The current PS Ratio is 22.73, which is 109% above median its 10-year median of 10.86 and 3819% above the Steel industry median of 0.58. Mesabi Trust's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Mesabi Trust (MSB), the current PS Ratio is 22.73 as of Jun. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mesabi Trust (MSB) Overvalued in 2026?
Based on GuruFocus' analysis, Mesabi Trust stock appears to be overvalued.
The current stock price of $24.75 is trading 36.3% above its estimated GF Value™ of $18.16.
GuruFocus considers Mesabi Trust to be Significantly Overvalued.
Key valuation signals for MSB:
PS Ratio: 22.73 (109% above median its 10-year median of 10.86)
GF Value™: $18.16 vs. price of $24.75 (36.3% above fair value)
Industry Position: 3819% above the Steel median (#603 of 612)
No single metric tells the full story. See the MSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesabi Trust operates as a royalty trust in the United States. The company is involved in the conservation and protection of its assets. The company's principally wholly-owned segment is the iron ore mining segment, which generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the northeastern end of the Mesabi Iron Range.
75GF Score
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