Southern Copper Overview
Latest P/E ratio for Southern Copper: 31.63 — see history and peer comparisons.
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+ Follow31.63
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
Southern Copper posts a P/E ratio of 31.63. That is above the Materials sector average of 23.51. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For Materials stocks, a P/E ratio near 23.51 is typical. Southern Copper's 31.63 is higher that level. That is roughly 34.5% above the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Southern Copper's P/E ratio of 31.63 comes from dividing a price-based measure by a related financial statistic. Changes can come from the stock price moving, the underlying fundamental shifting, or both. Track both the level and the trend — a rising multiple on falling fundamentals is a different story than a rising multiple on rising earnings.
Context for SCCO's P/E ratio usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 23.51), and (3) consistency with growth and profitability. This page covers the first two; Southern Copper's other metric pages and overview cover the third.
Judging Southern Copper against Materials peers is usually better than using a market-wide rule of thumb. Business models inside Materials are more comparable, which makes gaps in P/E ratio easier to interpret. Start with 31.63 here, then scan peer and history charts to see if the gap is persistent.
