Mesabi Trust
MSB Basic Materials Steel
Mesabi Trust’s revenue for fiscal 2026 (year ended January 2026) was $17.5 million, down 82.2% from fiscal 2025. In the quarter to July 2026, revenue fell 55.8%, EPS fell 102.0% and free cash flow fell 94.3%, each against the same quarter a year earlier.
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Mesabi Trust (MSB) P/E ratio
As of 16 October 2026, Mesabi Trust (MSB) trades at a P/E ratio of 36.3×. Over the past ten years it has ranged from 0.0× (July 2023) to 68.2× (March 2023); the current reading is higher than 94% of that period. That is above the Steel industry median of 20.8× and above the Basic Materials sector median of 19.5×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2026 | 32.2× | 871.45% |
| FY2025 | 3.3× | (75.33%) |
| FY2024 | 13.5× | (76.13%) |
| FY2023 | 56.4× | 955.81% |
| FY2022 | 5.3× | (62.18%) |
| FY2021 | 14.1× | 58.40% |
| FY2020 | 8.9× | 13.03% |
| FY2019 | 7.9× | (23.70%) |
| FY2018 | 10.3× | (44.94%) |
| FY2017 | 18.8× | 178.51% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jul 2026 | 44.6× | 38.09% |
| Apr 2026 | 32.3× | 0.21% |
| Jan 2026 | 32.2× | 23.73% |
| Oct 2025 | 26.1× | 529.71% |
| 43 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| ASTL Algoma Steel Group Inc. compare | n/m |
| SID National Steel Company compare | n/m |
| ZKIN ZK International Group Co., Ltd. compare | n/m |
| MTL Mechel PAO compare | 0.8× |
| FRD Friedman Industries Inc. compare | 10.5× |
| NWPX NWPX Infrastructure, Inc. compare | 19.3× |
| MSB Mesabi Trust | 36.3× |
| MTUS Metallus Inc. compare | 108× |
| LUD Luda Technology Group Limited compare | — |
| Steel industry median | 20.8× |
| Basic Materials sector median | 19.5× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)