GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Copper Corp (BUE:SCCO) » Definitions » E10

Southern Copper (BUE:SCCO) E10 : ARS0.00 (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Southern Copper E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Southern Copper's adjusted earnings per share data for the three months ended in Mar. 2024 was ARS1,600.750. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Southern Copper's average E10 Growth Rate was 6.00% per year. During the past 3 years, the average E10 Growth Rate was 9.40% per year. During the past 5 years, the average E10 Growth Rate was 7.20% per year. During the past 10 years, the average E10 Growth Rate was 1.50% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Southern Copper was 35.70% per year. The lowest was -6.30% per year. And the median was 9.35% per year.

As of today (2024-04-29), Southern Copper's current stock price is ARS63751.50. Southern Copper's E10 for the quarter that ended in Mar. 2024 was ARS0.00. Southern Copper's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Southern Copper was 47.59. The lowest was 11.36. And the median was 20.63.


Southern Copper E10 Historical Data

The historical data trend for Southern Copper's E10 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.

* Premium members only.

Southern Copper E10 Chart

Southern Copper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.07 131.68 213.43 390.74 1,167.82

Southern Copper Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 482.65 616.30 1,015.41 1,167.82 -

Competitive Comparison of Southern Copper's E10

For the Copper subindustry, Southern Copper's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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's Shiller PE Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Southern Copper's Shiller PE Ratio falls into.



Southern Copper E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1600.75/129.4194*129.4194
=1,600.750

Current CPI (Mar. 2024) = 129.4194.

Southern Copper Quarterly Data

per share eps CPI Adj_EPS
201406 6.500 100.560 8.365
201409 6.567 100.428 8.463
201412 7.354 99.070 9.607
201503 6.174 99.621 8.021
201506 6.724 100.684 8.643
201509 2.257 100.392 2.910
201512 2.071 99.792 2.686
201603 7.010 100.470 9.030
201606 8.108 101.688 10.319
201609 7.757 101.861 9.856
201612 6.975 101.863 8.862
201703 12.642 102.862 15.906
201706 12.861 103.349 16.105
201709 18.224 104.136 22.649
201712 -14.130 104.011 -17.582
201803 24.582 105.290 30.216
201806 26.436 106.317 32.181
201809 35.327 106.507 42.927
201812 28.656 105.998 34.988
201903 39.090 107.251 47.170
201906 46.466 108.070 55.646
201909 55.926 108.329 66.814
201912 47.819 108.420 57.081
202003 34.759 108.902 41.308
202006 46.553 108.767 55.392
202009 96.512 109.815 113.742
202012 123.698 109.897 145.672
202103 178.358 111.754 206.551
202106 229.247 114.631 258.821
202109 219.027 115.734 244.926
202112 218.138 117.630 240.002
202203 219.039 121.301 233.699
202206 134.770 125.017 139.516
202209 186.193 125.227 192.427
202212 392.301 125.222 405.451
202303 414.855 127.348 421.604
202306 340.800 128.729 342.629
202309 559.920 129.860 558.022
202312 418.760 129.419 418.760
202403 1,600.750 129.419 1,600.750

Add all the adjusted EPS together and divide 10 will get our e10.


Southern Copper  (BUE:SCCO) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of Southern Copper was 47.59. The lowest was 11.36. And the median was 20.63.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Southern Copper E10 Related Terms

Thank you for viewing the detailed overview of Southern Copper's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Southern Copper (BUE:SCCO) Business Description

Traded in Other Exchanges
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. Southern Copper 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. Its geographical segments are The Americas, Europe, and Asia.

Southern Copper (BUE:SCCO) Headlines

From GuruFocus

Southern Copper Corp Posts 3rd Quarter Figures

By Alberto Abaterusso Alberto Abaterusso 10-22-2017

Wait to Buy Southern Copper at $39 Per Share

By Alberto Abaterusso Alberto Abaterusso 07-20-2018

Southern Copper Falls on 3rd-Quarter Results

By Alberto Abaterusso Alberto Abaterusso 10-25-2018

Why Southern Copper Looks Like a Good Investment for the Long Haul

By RHPanalysts RHPanalysts 01-26-2015

Southern Copper Corp's Dividend Analysis

By GuruFocus Research 11-06-2023

Investing in Southern Copper Corporation

By Orit Nathan Mahalal orit 06-18-2015

Southern Copper Jumps

By Alberto Abaterusso Alberto Abaterusso 01-28-2018