Mayer Steel PipeTPE:2020 -1.15%75 Median PS Value is NT$14.05 as of Jun. 26, 2026, which is 100% below its 10-year median of 1.49. 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 417 Steel companies, Mayer Steel Pipe ranks worse than 70.98% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Mayer Steel Pipe's Median PS Value or its related term are showing as below:
TPE:2020'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.08 Med: 1.49 Max: 1.85
Current: 1.53
During the past 13 years, the highest Price to Median PS Value of Mayer Steel Pipe was 1.85. The lowest was 1.08. And the median was 1.49.
TPE:2020's Price-to-Median-PS-Value is ranked worse than 70.98% of 417
companies
in the Steel industry
Industry Median: 1.06
vs TPE:2020: 1.53
Mayer Steel Pipe (TPE:2020) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Mayer Steel Pipe's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
21.45
/
14.05
=
1.53
* 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 Median PS Value Related Terms
Mayer Steel Pipe Median PS Value Historical Data
* Premium members only.
The historical data trend for Mayer Steel Pipe's Median PS Value 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: Median PS Value Comparison
For the Steel subindustry, Mayer Steel Pipe's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value vs Steel Industry
For the Steel industry and Basic Materials sector, Mayer Steel Pipe's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Mayer Steel Pipe's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.791.
Mayer Steel Pipe's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$17.763.
* 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 Median PS Value of NT$14.05 as of Jun. 26, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Mayer Steel Pipe and its competitors. This is 843% above median its historical median of 1.49. Over the past decade, Mayer Steel Pipe's Median PS Value has ranged from 1.08 to 1.85. According to the industry distribution chart, Mayer Steel Pipe ranks #296 out of 417 companies in the Steel industry, placing it in the top 71%.
Is Mayer Steel Pipe's Median PS Value too high?
Mayer Steel Pipe's current Median PS Value of NT$14.05 is 843% above median its 10-year median of 1.49. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 1.85. Based on the distribution chart, Mayer Steel Pipe ranks #296 out of 417 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 Median PS Value compare to NUE and STLD?
According to the Steel industry distribution chart, Mayer Steel Pipe ranks #296 out of 417 companies for Median PS Value. This places Mayer Steel Pipe in the lower half of its industry. The industry median Median PS Value is 1.06. Historically, Mayer Steel Pipe's own Median PS Value has ranged from 1.08 to 1.85 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Steel company?
The median Median PS Value among Steel companies is 1.06, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Mayer Steel Pipe and its competitors. For the Steel industry, the median Median PS Value is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayer Steel Pipe's current Median PS Value is NT$14.05, which is 843% above median its own 10-year median of 1.49. 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 Median PS Value is NT$14.05, which is 843% above median its 10-year median of 1.49. 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 Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Mayer Steel Pipe (TPE:2020), the current Median PS Value is NT$14.05 as of Jun. 26, 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 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:
Median PS Value: NT$14.05 (843% above median its 10-year median of 1.49)
GF Value™: NT$20.99 vs. price of NT$21.45 (2.2% above fair value)
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
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Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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