Southern Copper (MEX:SCCO) Cyclically Adjusted Book per Share: MXN206.73 (As of Jun. 2026)

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MEX:SCCO Southern Copper Corp MEX:SCCO
88 GF Score
Price MXN3,285.12
GF Value MXN2,345.36
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Southern Copper Cyclically Adjusted Book per Share?

Southern Copper MEX:SCCO +6.56% 88 Cyclically Adjusted Book per Share is MXN206.73 as of Jun. 2026. GuruFocus rates MEX:SCCO with a GF Score™ of 88/100 and a GF Value™ of MXN2,345.36 (Significantly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Southern Copper's adjusted book value per share for the three months ended in Jun. 2026 was MXN261.055. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN206.73 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Southern Copper's average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.70% per year. 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Southern Copper was 9.50% per year. The lowest was 5.10% per year. And the median was 6.90% per year.

As of today (2026-08-21), Southern Copper's current stock price is MXN3285.12. Southern Copper's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN206.73. Southern Copper's Cyclically Adjusted PB Ratio of today is 15.89.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Southern Copper was 20.76. The lowest was 3.47. And the median was 7.27.


Southern Copper  (MEX:SCCO) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Southern Copper's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3285.12/206.73
=15.89

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Southern Copper was 20.76. The lowest was 3.47. And the median was 7.27.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Southern Copper Cyclically Adjusted Book per Share Related Terms


Southern Copper Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Southern Copper's Cyclically Adjusted Book per Share 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.

Southern Copper Cyclically Adjusted Book per Share Chart

Southern Copper Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157.75 175.06 139.72 228.61 180.67

Southern Copper Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share 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 183.57 185.27 180.67 179.00 206.73

MEX:SCCO vs FCX, IE, COPR: Cyclically Adjusted Book per Share Comparison

For the Copper subindustry, Southern Copper's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Southern Copper Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Southern Copper's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Southern Copper's Cyclically Adjusted PB Ratio falls into.


MEX:SCCO
88GF Score
Southern Copper Corp MEX:SCCO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Copper Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Southern Copper's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=261.055/333.9520*333.9520
=261.055

Current CPI (Jun. 2026) = 333.9520.

Southern Copper Quarterly Data

Book Value per Share CPI Adj_Book
201609 130.467 241.428 180.467
201612 142.436 241.432 197.019
201703 135.712 243.801 185.895
201706 134.730 244.955 183.680
201709 141.654 246.819 191.661
201712 142.086 246.524 192.476
201803 136.584 249.554 182.776
201806 151.889 251.989 201.293
201809 145.923 252.439 193.042
201812 152.742 251.233 203.033
201903 152.717 254.202 200.628
201906 153.359 256.143 199.945
201909 159.509 256.759 207.464
201912 152.137 256.974 197.710
202003 186.533 258.115 241.338
202006 186.501 257.797 241.595
202009 183.663 260.280 235.649
202012 170.225 260.474 218.244
202103 182.194 264.877 229.707
202106 186.675 271.696 229.449
202109 197.174 274.310 240.045
202112 198.005 278.802 237.172
202203 192.455 287.504 223.547
202206 181.743 296.311 204.830
202209 180.276 296.808 202.837
202212 186.675 296.797 210.044
202303 173.457 301.836 191.913
202306 160.404 305.109 175.568
202309 159.783 307.789 173.365
202312 149.136 306.746 162.363
202403 148.244 312.332 158.506
202406 184.271 314.175 195.871
202409 208.046 315.301 220.353
202412 226.548 315.605 239.718
202503 231.841 319.799 242.101
202506 222.668 322.561 230.531
202509 227.038 324.800 233.435
202512 235.390 324.054 242.580
202603 251.749 330.213 254.600
202606 261.055 333.952 261.055

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of MXN206.73 mean?
Southern Copper (MEX:SCCO) has a Cyclically Adjusted Book per Share of MXN206.73 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Southern Copper and its competitors.
Is Southern Copper's Cyclically Adjusted Book per Share too high?
Southern Copper's current Cyclically Adjusted Book per Share is MXN206.73. Overall, Southern Copper has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Copper's Cyclically Adjusted Book per Share compare to FCX and IE?
Southern Copper's Cyclically Adjusted Book per Share of MXN206.73 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Southern Copper and its competitors. Southern Copper's current Cyclically Adjusted Book per Share is MXN206.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Copper stock overvalued right now?
Based on GuruFocus' analysis, Southern Copper (MEX:SCCO) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,345.36, compared to a current price of MXN3,285.12 — trading 40.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN206.73. Southern Copper's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Southern Copper (MEX:SCCO), the current Cyclically Adjusted Book per Share is MXN206.73 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 Southern Copper (MEX:SCCO) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Copper stock appears to be overvalued. The current stock price of MXN3,285.12 is trading 40.1% above its estimated GF Value™ of MXN2,345.36. GuruFocus considers Southern Copper to be Significantly Overvalued.

Key valuation signals for MEX:SCCO:

  • Cyclically Adjusted Book per Share: MXN206.73
  • GF Value™: MXN2,345.36 vs. price of MXN3,285.12 (40.1% above fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the MEX:SCCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Southern Copper Business Description

Address 7310 North 16th Street, Suite 135, Phoenix, AZ, USA, 85020
Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and refining facilities in Peru and Mexico. Its production includes copper, molybdenum, zinc, and silver. The company operates through the following segments: Peruvian operations, Mexican open-pit operations, and Mexican underground mining operations. It generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. The company's geographical segments are The Americas, Europe, and Asia.
88GF Score

Get the complete analysis for MEX:SCCO

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,285.12
Price
MXN2,345.36
GF Value