Step 1: Recall how shear stress is distributed over a circular cross section. Unlike a rectangle, the width of a circle changes as you move away from the centre, so the shear stress does not follow the same parabolic curve there and the peak works out to a different multiple of the average value. Step 2: Recall the average shear stress. \[ \tau_{avg} = \frac{V}{A}. \] Step 3: Recall the known result for the maximum stress in a solid circular section. For a circular section, the maximum shear stress at the neutral axis works out to \[ \tau_{max} = \frac{4}{3}\tau_{avg}. \] \[ \boxed{\frac{4}{3}} \]