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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Mayer Steel Pipe's current 3-Year Share Buyback Ratio was 0.00%.
The historical rank and industry rank for Mayer Steel Pipe's 3-Year Share Buyback Ratio or its related term are showing as below:
During the past 13 years, Mayer Steel Pipe's highest 3-Year Share Buyback Ratio was 3.90%. The lowest was -109.30%. And the median was 1.50%.
TPE:2020's 3-Year Share Buyback Ratio is not ranked *
in the Steel industry.
Industry Median: -0.7 * Ranked among companies with meaningful 3-Year Share Buyback Ratio only.
Mayer Steel Pipe (TPE:2020) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Mayer Steel Pipe 3-Year Share Buyback Ratio Related Terms
TPE:2020 vs NUE, STLD, RS: 3-Year Share Buyback Ratio Comparison
For the Steel subindustry, Mayer Steel Pipe's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback 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 3-Year Share Buyback Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Mayer Steel Pipe's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Mayer Steel Pipe's 3-Year Share Buyback Ratio falls into.
Mayer Steel Pipe 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 0.00 mean?
Mayer Steel Pipe (TPE:2020) has a 3-Year Share Buyback Ratio of 0.00 as of Jun. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Mayer Steel Pipe and its competitors. According to the industry distribution chart, Mayer Steel Pipe ranks #999999 out of 279 companies in the Steel industry.
Is Mayer Steel Pipe's 3-Year Share Buyback Ratio too high?
Mayer Steel Pipe's current 3-Year Share Buyback Ratio is 0.00. Based on the distribution chart, Mayer Steel Pipe ranks #999999 out of 279 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Mayer Steel Pipe has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mayer Steel Pipe's 3-Year Share Buyback Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Mayer Steel Pipe ranks #999999 out of 279 companies for 3-Year Share Buyback Ratio. This places Mayer Steel Pipe in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Share Buyback Ratio for a Steel company?
A good 3-Year Share Buyback Ratio depends on the Steel industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Mayer Steel Pipe and its competitors. Mayer Steel Pipe's current 3-Year Share Buyback Ratio is 0.00. 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$21.59, compared to a current price of NT$21.70 — trading 0.5% above its estimated fair value. The current 3-Year Share Buyback Ratio is 0.00. Mayer Steel Pipe's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Mayer Steel Pipe (TPE:2020), the current 3-Year Share Buyback Ratio is 0.00 as of Jun. 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$21.70 is trading 0.5% above its estimated GF Value™ of NT$21.59.
GuruFocus considers Mayer Steel Pipe to be Fairly Valued.
Key valuation signals for TPE:2020:
3-Year Share Buyback Ratio: 0.00
GF Value™: NT$21.59 vs. price of NT$21.70 (0.5% 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.
79GF Score
Get the complete analysis for TPE:2020
3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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