Mayer Steel PipeTPE:2020 -1.15%75 Current Ratio is 1.57 as of Dec. 2025, which is 11% above its 10-year median of 1.42. GuruFocus rates TPE:2020 with a GF Score™ of 75/100 and a GF Value™ of NT$20.99 (Fairly Valued). The stock has 5 warning signs investors should review. Among 636 Steel companies, Mayer Steel Pipe ranks worse than 52.2% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Mayer Steel Pipe's current ratio for the quarter that ended in Dec. 2025 was 1.57.
Mayer Steel Pipe has a current ratio of 1.57. It generally indicates good short-term financial strength.
The historical rank and industry rank for Mayer Steel Pipe's Current Ratio or its related term are showing as below:
TPE:2020'
s Current Ratio Range Over the Past 10 Years
Min: 1.25 Med: 1.42 Max: 1.79
Current: 1.57
During the past 13 years, Mayer Steel Pipe's highest Current Ratio was 1.79. The lowest was 1.25. And the median was 1.42.
TPE:2020's Current Ratio is ranked worse than 52.2% of 636
companies
in the Steel industry
Industry Median: 1.63
vs TPE:2020: 1.57
Mayer Steel Pipe (TPE:2020) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Mayer Steel Pipe Current Ratio Related Terms
Mayer Steel Pipe Current Ratio Historical Data
* Premium members only.
The historical data trend for Mayer Steel Pipe's Current 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.
TPE:2020 vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Mayer Steel Pipe's Current Ratio, along with its competitors' market caps and Current 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 Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Mayer Steel Pipe's Current Ratio distribution charts can be found below:
* The bar in red indicates where Mayer Steel Pipe's Current Ratio falls into.
* 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 (TPE:2020) has a Current Ratio of 1.57 as of Dec. 2025. This is 11% above median its historical median of 1.42. Over the past decade, Mayer Steel Pipe's Current Ratio has ranged from 1.25 to 1.79. According to the industry distribution chart, Mayer Steel Pipe ranks #332 out of 636 companies in the Steel industry, placing it in the top 52.2%.
Is Mayer Steel Pipe's Current Ratio too high?
Mayer Steel Pipe's current Current Ratio of 1.57 is 11% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 1.79. The Steel industry median Current Ratio is 1.63. Mayer Steel Pipe's value of 1.57 is 3.7% below this industry median. Based on the distribution chart, Mayer Steel Pipe ranks #332 out of 636 companies in the Steel industry, which is below the industry midpoint. Overall, Mayer Steel Pipe has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mayer Steel Pipe's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mayer Steel Pipe ranks #332 out of 636 companies for Current Ratio. This places Mayer Steel Pipe in the lower half of its industry. The industry median Current Ratio is 1.63. Mayer Steel Pipe's value of 1.57 is 3.7% below this benchmark. Historically, Mayer Steel Pipe's own Current Ratio has ranged from 1.25 to 1.79 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 1.63, Mayer Steel Pipe 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 Current Ratio for a Steel company?
The median Current Ratio among Steel companies is 1.63, based on 636 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mayer Steel Pipe's current Current Ratio of 1.57 is 3.7% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayer Steel Pipe's current Current Ratio is 1.57, which is 11% above median its own 10-year median of 1.42. 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$20.99, compared to a current price of NT$21.45 — trading 2.2% above its estimated fair value. The current Current Ratio is 1.57, which is 11% above median its 10-year median of 1.42 and 3.7% below the Steel industry median of 1.63. Mayer Steel Pipe's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Mayer Steel Pipe (TPE:2020), the current Current Ratio is 1.57 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$21.45 is trading 2.2% above its estimated GF Value™ of NT$20.99.
GuruFocus considers Mayer Steel Pipe to be Fairly Valued.
Key valuation signals for TPE:2020:
Current Ratio: 1.57 (11% above median its 10-year median of 1.42)
GF Value™: NT$20.99 vs. price of NT$21.45 (2.2% above fair value)
Industry Position: 3.7% below the Steel median (#332 of 636)
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 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.
75GF Score
Get the complete analysis for TPE:2020
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:2020 has been successfully added to your 
