Mayer Steel Pipe (TPE:2020) PEG Ratio: 0.99 (As of Jul. 03, 2026) — Near Median


TPE:2020 Mayer Steel Pipe Corp TPE:2020
75 GF Score
Price NT$21.45
GF Value NT$20.94
Valuation Fairly Valued
! 5 Warning Signs
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What is Mayer Steel Pipe PEG Ratio?

Mayer Steel Pipe TPE:2020 +0.23% 75 PEG Ratio is 0.99 as of Jul. 03, 2026, which is 5% above its 10-year median of 0.94. GuruFocus rates TPE:2020 with a GF Score™ of 75/100 and a GF Value™ of NT$20.94 (Fairly Valued). The stock has 5 warning signs investors should review. Among 200 Steel companies, Mayer Steel Pipe ranks better than 60.5% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Mayer Steel Pipe's PE Ratio without NRI is 7.90. Mayer Steel Pipe's 5-Year EBITDA growth rate is 8.00%. Therefore, Mayer Steel Pipe's PEG Ratio for today is 0.99.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


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

TPE:2020' s PEG Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.94   Max: 2.39
Current: 0.99


During the past 13 years, Mayer Steel Pipe's highest PEG Ratio was 2.39. The lowest was 0.29. And the median was 0.94.


TPE:2020's PEG Ratio is ranked better than
60.5% of 200 companies
in the Steel industry
Industry Median: 1.43 vs TPE:2020: 0.99

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Mayer Steel Pipe  (TPE:2020) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Mayer Steel Pipe PEG Ratio Related Terms


Mayer Steel Pipe PEG Ratio Historical Data

* Premium members only.

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

Mayer Steel Pipe PEG Ratio Chart

Mayer Steel Pipe Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 2.10 0.51 0.46 1.67

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
PEG Ratio 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 0.46 0.69 0.81 1.19 1.67

TPE:2020 vs NUE, STLD, RS: PEG Ratio Comparison

For the Steel subindustry, Mayer Steel Pipe's PEG Ratio, along with its competitors' market caps and PEG 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 PEG Ratio vs Steel Industry

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

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


TPE:2020
75GF Score
Mayer Steel Pipe Corp TPE:2020
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Mayer Steel Pipe PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Mayer Steel Pipe's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=7.9005524861878/8.00
=0.99

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 0.99 mean?
Mayer Steel Pipe (TPE:2020) has a PEG Ratio of 0.99 as of Jul. 03, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Mayer Steel Pipe and its competitors. This is near median its historical median of 0.94. Over the past decade, Mayer Steel Pipe's PEG Ratio has ranged from 0.29 to 2.39. According to the industry distribution chart, Mayer Steel Pipe ranks #79 out of 200 companies in the Steel industry, placing it in the top 39.5%.
Is Mayer Steel Pipe's PEG Ratio too high?
Mayer Steel Pipe's current PEG Ratio of 0.99 is near median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 2.39. The Steel industry median PEG Ratio is 1.43. Mayer Steel Pipe's value of 0.99 is 30.8% below this industry median. Based on the distribution chart, Mayer Steel Pipe ranks #79 out of 200 companies in the Steel industry, which is above 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 PEG Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mayer Steel Pipe ranks #79 out of 200 companies for PEG Ratio. This puts Mayer Steel Pipe in the upper half of its industry. The industry median PEG Ratio is 1.43. Mayer Steel Pipe's value of 0.99 is 30.8% below this benchmark. Historically, Mayer Steel Pipe's own PEG Ratio has ranged from 0.29 to 2.39 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.43, 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 PEG Ratio for a Steel company?
The median PEG Ratio among Steel companies is 1.43, based on 200 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mayer Steel Pipe's current PEG Ratio of 0.99 is 30.8% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Mayer Steel Pipe and its competitors. For the Steel industry, the median PEG Ratio is 1.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayer Steel Pipe's current PEG Ratio is 0.99, which is near median its own 10-year median of 0.94. 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$20.94, compared to a current price of NT$21.45 — trading 2.4% above its estimated fair value. The current PEG Ratio is 0.99, which is near median its 10-year median of 0.94 and 30.8% below the Steel industry median of 1.43. 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 PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Mayer Steel Pipe (TPE:2020), the current PEG Ratio is 0.99 as of Jul. 03, 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 2.4% above its estimated GF Value™ of NT$20.94. GuruFocus considers Mayer Steel Pipe to be Fairly Valued.

Key valuation signals for TPE:2020:

  • PEG Ratio: 0.99 (near median its 10-year median of 0.94)
  • GF Value™: NT$20.94 vs. price of NT$21.45 (2.4% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 30.8% below the Steel median (#79 of 200)

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.
75GF Score

Get the complete analysis for TPE:2020

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

NT$21.45
Price
NT$20.94
GF Value