Mayer Steel Pipe (TPE:2020) PB Ratio : 1.28 (As of Apr. 09, 2025)

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What is Mayer Steel Pipe PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2025-04-09), Mayer Steel Pipe's share price is NT$21.90. Mayer Steel Pipe's Book Value per Share for the quarter that ended in Dec. 2024 was NT$17.16. Hence, Mayer Steel Pipe's PB Ratio of today is 1.28.

Good Sign:

Mayer Steel Pipe Corp stock PB Ratio (=1.62) is close to 2-year low of 1.54.

The historical rank and industry rank for Mayer Steel Pipe's PB Ratio or its related term are showing as below:

TPE:2020' s PB Ratio Range Over the Past 10 Years
Min: 0.94 Med: 1.21 Max: 2.44
Current: 1.52

During the past 13 years, Mayer Steel Pipe's highest PB Ratio was 2.44. The lowest was 0.94. And the median was 1.21.

TPE:2020's PB Ratio is ranked worse than
72.77% of 617 companies
in the Steel industry
Industry Median: 0.86 vs TPE:2020: 1.52

During the past 12 months, Mayer Steel Pipe's average Book Value Per Share Growth Rate was 12.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Mayer Steel Pipe was 9.00% per year. The lowest was -52.40% per year. And the median was 0.80% per year.

Back to Basics: PB Ratio

Mayer Steel Pipe PB Ratio Historical Data

The historical data trend for Mayer Steel Pipe's PB 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.

* Premium members only.

Mayer Steel Pipe PB Ratio Chart

Mayer Steel Pipe Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

PB Ratio

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1.37

1.95

1.59

1.75

1.63

Mayer Steel Pipe Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
PB Ratio	Get a 7-Day Free Trial															1.75	2.08	1.84	1.78	1.63

Competitive Comparison of Mayer Steel Pipe's PB Ratio

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's PB Ratio Distribution in the 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.

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Mayer Steel Pipe PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Mayer Steel Pipe's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2024)
	=	21.90	/	17.157
	=	1.28

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Mayer Steel Pipe (TPE:2020) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Mayer Steel Pipe PB Ratio Related Terms

Thank you for viewing the detailed overview of Mayer Steel Pipe's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Mayer Steel Pipe Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mayer Steel Pipe Corp (TPE:2020) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2-1, Section 3, Minquan East Road, 12th Floor, Zhongshan District, Taipei, TWN, 10477

Website

https://www.mayer.com.tw

Mayer Steel Pipe Corp is engaged in the steel industry. The main business of the company and its divisions are specialized in the manufacture and sale of black steel pipes, galvanized steel pipes, and stainless steel coils for pipes. The company has five reportable segments which include the Steel department, Real estate investment department, Investment department, Mineral trade department, and Hotel services department. The majority of the revenue comes from the Steel department which is engaged in 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.

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