Mayer Steel Pipe (TPE:2020) Book Value per Share: NT$16.76 (As of Dec. 2025)

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TPE:2020 Mayer Steel Pipe Corp TPE:2020
76 GF Score
Price NT$21.10
GF Value NT$20.83
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Mayer Steel Pipe Book Value per Share?

Mayer Steel Pipe TPE:2020 -0.47% 76 Book Value per Share is NT$16.76 as of Dec. 2025. GuruFocus rates TPE:2020 with a GF Score™ of 76/100 and a GF Value™ of NT$20.83 (Fairly Valued). The stock has 5 warning signs investors should review.

Mayer Steel Pipe's book value per share for the quarter that ended in Dec. 2025 was NT$16.76.

During the past 12 months, Mayer Steel Pipe's average Book Value Per Share Growth Rate was -2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mayer Steel Pipe was 11.80% per year. The lowest was -52.40% per year. And the median was 1.80% per year.

Mayer Steel Pipe's current price is NT$21.10. Its book value per share for the quarter that ended in Dec. 2025 was NT$16.76. Hence, today's PB Ratio of Mayer Steel Pipe is 1.26.

During the past 13 years, the highest P/B Ratio of Mayer Steel Pipe was 2.44. The lowest was 0.95. And the median was 1.41.

Good Sign:

Mayer Steel Pipe Corp stock PB Ratio (=1.26) is close to 5-year low of 1.26.


Mayer Steel Pipe  (TPE:2020) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Mayer Steel Pipe Book Value per Share Related Terms


Mayer Steel Pipe Book Value per Share Historical Data

* Premium members only.

The historical data trend for Mayer Steel Pipe's Book Value per Share 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.

Mayer Steel Pipe Book Value per Share Chart

Mayer Steel Pipe Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.56 12.00 15.23 17.16 16.76

Mayer Steel Pipe Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Book Value per Share 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 17.16 17.77 15.80 16.21 16.76

TPE:2020 vs NUE, STLD, RS: Book Value per Share Comparison

For the Steel subindustry, Mayer Steel Pipe'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.


Mayer Steel Pipe PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Mayer Steel Pipe's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mayer Steel Pipe's PB Ratio falls into.


TPE:2020
76GF Score
Mayer Steel Pipe Corp TPE:2020
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mayer Steel Pipe Book Value per Share Calculation

Mayer Steel Pipe's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,475-0)/267
=16.76

Mayer Steel Pipe's Book Value Per Share for the quarter that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,475-0)/267
=16.76

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of NT$16.76 mean?
Mayer Steel Pipe (TPE:2020) has a Book Value per Share of NT$16.76 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Mayer Steel Pipe and its competitors.
Is Mayer Steel Pipe's Book Value per Share too high?
Mayer Steel Pipe's current Book Value per Share is NT$16.76. Overall, Mayer Steel Pipe has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mayer Steel Pipe's Book Value per Share compare to NUE and STLD?
Mayer Steel Pipe's Book Value per Share of NT$16.76 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Steel company?
A good Book Value per Share depends on the Steel industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Mayer Steel Pipe and its competitors. Mayer Steel Pipe's current Book Value per Share is NT$16.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayer Steel Pipe stock overvalued right now?
Based on GuruFocus' analysis, Mayer Steel Pipe (TPE:2020) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.83, compared to a current price of NT$21.10 — trading 1.3% above its estimated fair value. The current Book Value per Share is NT$16.76. Mayer Steel Pipe's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Mayer Steel Pipe (TPE:2020), the current Book Value per Share is NT$16.76 as of Dec. 2025. 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 Mayer Steel Pipe (TPE:2020) Overvalued in 2026?

Based on GuruFocus' analysis, Mayer Steel Pipe stock appears to be overvalued. The current stock price of NT$21.10 is trading 1.3% above its estimated GF Value™ of NT$20.83. GuruFocus considers Mayer Steel Pipe to be Fairly Valued.

Key valuation signals for TPE:2020:

  • Book Value per Share: NT$16.76
  • GF Value™: NT$20.83 vs. price of NT$21.10 (1.3% above fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the TPE:2020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mayer Steel Pipe Business Description

Address No. 2-1, Section 3, Minquan East Road, 12th Floor, Zhongshan District, Taipei, TWN, 10477
Mayer Steel Pipe Corp operates as a steel pipe manufacturer in Taiwan. The primary business of the company and its entities is engaged in the production and sales of black steel pipes, galvanized steel pipes and stainless-steel coils for pipes. The company's reportable segments are the Steel Segment, Real Estate Investment Segment, Investment Segment, and Hotel Services Segment. The majority of revenue is derived from the Steel department, which focuses on the production and sales of black steel pipes, zinc-coated steel pipes, and stainless-steel coils for Pipes. Geographically it generates maximum revenue from Taiwan and the rest from Vietnam, Thailand, and other regions.
76GF Score

Get the complete analysis for TPE:2020

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$21.10
Price
NT$20.83
GF Value