P/E ratio for Southern Copper (SCCO)
P/E ratio as of April 2024 (TTM): 29.4
According to Southern Copper's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.3941. At the end of 2022 the company had a P/E ratio of 17.7.
P/E ratio history for Southern Copper from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.7 | 25.9% |
| 2021 | 14.0 | -56.28% |
| 2020 | 32.1 | 44.99% |
| 2019 | 22.1 | 43.81% |
| 2018 | 15.4 | -69.2% |
| 2017 | 49.9 | 57.94% |
| 2016 | 31.6 | 11.39% |
| 2015 | 28.4 | 62.09% |
| 2014 | 17.5 | 17.14% |
| 2013 | 15.0 | -9.95% |
| 2012 | 16.6 | 50.76% |
| 2011 | 11.0 | -59.08% |
| 2010 | 26.9 | -11.79% |
| 2009 | 30.5 | 200.8% |
| 2008 | 10.1 | -28.25% |
| 2007 | 14.1 | 79.69% |
| 2006 | 7.87 | 10.54% |
| 2005 | 7.12 | -1.24% |
| 2004 | 7.21 | -91.53% |
| 2003 | 85.1 | 222.36% |
| 2002 | 26.4 | 26.09% |
| 2001 | 20.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BHP Group BHP | 4.81 | -83.65% | 🇦🇺 Australia |
 Freeport-McMoRan FCX | 31.9 | 8.44% | 🇺🇸 USA |
 Rio Tinto RIO | N/A | N/A | 🇬🇧 UK |
 Buenaventura Mining Company BVN | 41.4 | 41.01% | Peru |
 Grupo México
GMBXF | 12.6 | -57.03% | 🇲🇽 Mexico |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.