Mayer Steel Pipe (TPE:2020) ROE % Adjusted to Book Value: 8.00% (As of Dec. 2025)


TPE:2020 Mayer Steel Pipe Corp TPE:2020
75 GF Score
Price NT$21.55
GF Value NT$20.99
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Mayer Steel Pipe ROE % Adjusted to Book Value?

Mayer Steel Pipe TPE:2020 +0.47% 75 ROE % Adjusted to Book Value is 8.00% as of Dec. 2025. 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.

Mayer Steel Pipe's ROE % for the quarter that ended in Dec. 2025 was 11.36%. Mayer Steel Pipe's PB Ratio for the quarter that ended in Dec. 2025 was 1.42. Mayer Steel Pipe's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 8.00%.


Mayer Steel Pipe ROE % Adjusted to Book Value Related Terms


Mayer Steel Pipe ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Mayer Steel Pipe's ROE % Adjusted to Book 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.

Mayer Steel Pipe ROE % Adjusted to Book Value Chart

Mayer Steel Pipe Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.88 4.91 16.79 11.72 8.84

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
ROE % Adjusted to Book Value 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 3.57 8.76 7.70 9.71 8.00

TPE:2020 vs NUE, STLD, RS: ROE % Adjusted to Book Value Comparison

For the Steel subindustry, Mayer Steel Pipe's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book 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 ROE % Adjusted to Book Value vs Steel Industry

For the Steel industry and Basic Materials sector, Mayer Steel Pipe's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Mayer Steel Pipe's ROE % Adjusted to Book Value falls into.


TPE:2020
75GF Score
Mayer Steel Pipe Corp TPE:2020
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mayer Steel Pipe ROE % Adjusted to Book Value Calculation

Mayer Steel Pipe's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=12.55% / 1.42
=8.84%

Mayer Steel Pipe's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=11.36% / 1.42
=8.00%

* 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.

What does a ROE % Adjusted to Book Value of 8.00% mean?
Mayer Steel Pipe (TPE:2020) has a ROE % Adjusted to Book Value of 8.00% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Mayer Steel Pipe and its competitors.
Is Mayer Steel Pipe's ROE % Adjusted to Book Value too high?
Mayer Steel Pipe's current ROE % Adjusted to Book Value is 8.00%. 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 ROE % Adjusted to Book Value compare to NUE and STLD?
Mayer Steel Pipe's ROE % Adjusted to Book Value of 8.00% 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 ROE % Adjusted to Book Value for a Steel company?
A good ROE % Adjusted to Book Value depends on the Steel industry context. However, ROE % Adjusted to Book 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Mayer Steel Pipe and its competitors. Mayer Steel Pipe's current ROE % Adjusted to Book Value is 8.00%. 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$21.55 — trading 2.7% above its estimated fair value. The current ROE % Adjusted to Book Value is 8.00%. 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 ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Mayer Steel Pipe (TPE:2020), the current ROE % Adjusted to Book Value is 8.00% 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$21.55 is trading 2.7% above its estimated GF Value™ of NT$20.99. GuruFocus considers Mayer Steel Pipe to be Fairly Valued.

Key valuation signals for TPE:2020:

  • ROE % Adjusted to Book Value: 8.00%
  • GF Value™: NT$20.99 vs. price of NT$21.55 (2.7% above fair value)
  • GF Score™: 75/100 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.
75GF Score

Get the complete analysis for TPE:2020

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$21.55
Price
NT$20.99
GF Value