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Mesabi TrustMSB +2.15%72 Shiller PE Ratio is 7.41 as of Aug. 24, 2026, which is 23% below its 10-year median of 9.68. GuruFocus rates MSB with a GF Score™ of 72/100 and a GF Value™ of $18.75 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 413 Steel companies, Mesabi Trust ranks better than 79.9% on this metric.
As of today (2026-08-24), Mesabi Trust's current share price is $23.26. Mesabi Trust's E10 for the quarter that ended in Apr. 2026 was $3.14. Mesabi Trust's Shiller PE Ratio for today is 7.41.
The historical rank and industry rank for Mesabi Trust's Shiller PE Ratio or its related term are showing as below:
MSB'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.4 Med: 9.68 Max: 17.36
Current: 7.41
During the past years, Mesabi Trust's highest Shiller PE Ratio was 17.36. The lowest was 4.40. And the median was 9.68.
MSB's Shiller PE Ratio is ranked better than 79.9% of 413
companies
in the Steel industry
Industry Median: 13.73
vs MSB: 7.41
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Mesabi Trust's adjusted earnings per share data for the three months ended in Apr. 2026 was $0.083. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.14 for the trailing ten years ended in Apr. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Mesabi Trust (NYSE:MSB) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Mesabi Trust Shiller PE Ratio Related Terms
Mesabi Trust Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Mesabi Trust's Shiller PE 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.
MSB vs FRD, INHD, LUD: Shiller PE Ratio Comparison
For the Steel subindustry, Mesabi Trust's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Mesabi Trust's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Mesabi Trust's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Mesabi Trust's Shiller PE Ratio for today is calculated as
* 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 E10 for the quarter that ended in Apr. 2026 is calculated as:
For example, Mesabi Trust's adjusted earnings per share data for the three months ended in Apr. 2026 was:
Add all the adjusted EPS together and divide 10 will get our E10.
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 (MSB) has a Shiller PE Ratio of 7.41 as of Aug. 24, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Mesabi Trust and its competitors. This is 23% below median its historical median of 9.68. Over the past decade, Mesabi Trust's Shiller PE Ratio has ranged from 4.40 to 17.36. According to the industry distribution chart, Mesabi Trust ranks #83 out of 413 companies in the Steel industry, placing it in the top 20.1%.
Is Mesabi Trust's Shiller PE Ratio too high?
Mesabi Trust's current Shiller PE Ratio of 7.41 is 23% below median its 10-year median of 9.68. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 17.36. The Steel industry median Shiller PE Ratio is 13.73. Mesabi Trust's value of 7.41 is 46% below this industry median. Based on the distribution chart, Mesabi Trust ranks #83 out of 413 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mesabi Trust has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mesabi Trust's Shiller PE Ratio compare to FRD and INHD?
According to the Steel industry distribution chart, Mesabi Trust ranks #83 out of 413 companies for Shiller PE Ratio. This places Mesabi Trust in the top 20% of its industry — outperforming the majority of peers. The industry median Shiller PE Ratio is 13.73. Mesabi Trust's value of 7.41 is 46% below this benchmark. Historically, Mesabi Trust's own Shiller PE Ratio has ranged from 4.40 to 17.36 over the past decade. While the company's 10-year median is 9.68 vs. the industry median of 13.73, Mesabi Trust has consistently been below 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 Shiller PE Ratio for a Steel company?
The median Shiller PE Ratio among Steel companies is 13.73, based on 413 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mesabi Trust's current Shiller PE Ratio of 7.41 is 46% below 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Mesabi Trust and its competitors. For the Steel industry, the median Shiller PE Ratio is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesabi Trust's current Shiller PE Ratio is 7.41, which is 23% below median its own 10-year median of 9.68. 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 Modestly Overvalued. The stock's GF Value™ is $18.75, compared to a current price of $23.26 — trading 24.1% above its estimated fair value. The current Shiller PE Ratio is 7.41, which is 23% below median its 10-year median of 9.68 and 46% below the Steel industry median of 13.73. Mesabi Trust's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Mesabi Trust (MSB), the current Shiller PE Ratio is 7.41 as of Aug. 24, 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 $23.26 is trading 24.1% above its estimated GF Value™ of $18.75.
GuruFocus considers Mesabi Trust to be Modestly Overvalued.
Key valuation signals for MSB:
Shiller PE Ratio: 7.41 (23% below median its 10-year median of 9.68)
GF Value™: $18.75 vs. price of $23.26 (24.1% above fair value)
Industry Position: 46% below the Steel median (#83 of 413)
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.
72GF Score
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