Southern Copper (MEX:SCCO) E10: MXN54.78 (As of Mar. 2026)


MEX:SCCO Southern Copper Corp MEX:SCCO
85 GF Score
Price MXN3,311.04
GF Value MXN2,058.92
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Southern Copper E10?

Southern Copper MEX:SCCO 85 E10 is MXN54.78 as of Mar. 2026. GuruFocus rates MEX:SCCO with a GF Score™ of 85/100 and a GF Value™ of MXN2,058.92 (Significantly Overvalued). The stock has 1 warning sign investors should review.

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. 2026 was MXN34.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is MXN54.78 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Southern Copper's average E10 Growth Rate was 22.20% per year. During the past 3 years, the average E10 Growth Rate was 12.10% per year. During the past 5 years, the average E10 Growth Rate was 10.80% per year. During the past 10 years, the average E10 Growth Rate was 5.40% 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 36.60% per year. The lowest was -6.30% per year. And the median was 9.20% per year.

As of today (2026-07-06), Southern Copper's current stock price is MXN3311.04. Southern Copper's E10 for the quarter that ended in Mar. 2026 was MXN54.78. Southern Copper's Shiller PE Ratio of today is 60.44.

During the past 13 years, the highest Shiller PE Ratio of Southern Copper was 71.33. The lowest was 12.72. And the median was 29.04.


Southern Copper  (MEX: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.

Southern Copper's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=3311.04/54.78
=60.44

* 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 Shiller P/E Ratio of Southern Copper was 71.33. The lowest was 12.72. And the median was 29.04.


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


Southern Copper E10 Historical Data

* Premium members only.

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.

Southern Copper E10 Chart

Southern Copper Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.56 42.72 34.36 60.40 53.20

Southern Copper Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 54.36 50.46 52.49 53.20 54.78

MEX:SCCO vs FCX, IE, COPRD: E10 Comparison

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 Shiller PE Ratio vs 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.


MEX:SCCO
85GF Score
Southern Copper Corp MEX:SCCO
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=34.28/330.2130*330.2130
=34.280

Current CPI (Mar. 2026) = 330.2130.

Southern Copper Quarterly Data

per share eps CPI Adj_EPS
201606 4.970 241.018 6.809
201609 4.659 241.428 6.372
201612 4.203 241.432 5.749
201703 7.154 243.801 9.690
201706 6.533 244.955 8.807
201709 8.745 246.819 11.700
201712 -6.734 246.524 -9.020
201803 10.270 249.554 13.589
201806 9.650 251.989 12.646
201809 8.320 252.439 10.883
201812 6.914 251.233 9.088
201903 8.988 254.202 11.676
201906 9.256 256.143 11.933
201909 9.147 256.759 11.764
201912 6.991 256.974 8.983
202003 6.084 258.115 7.783
202006 7.272 257.797 9.315
202009 13.306 260.280 16.881
202012 14.009 260.474 17.760
202103 18.753 264.877 23.379
202106 22.320 271.696 27.127
202109 21.341 274.310 25.690
202112 20.530 278.802 24.316
202203 18.820 287.504 21.616
202206 10.440 296.311 11.634
202209 12.489 296.808 13.895
202212 21.138 296.797 23.518
202303 17.538 301.836 19.187
202306 11.397 305.109 12.335
202309 13.121 307.789 14.077
202312 9.123 306.746 9.821
202403 15.046 312.332 15.907
202406 21.364 314.175 22.455
202409 21.468 315.301 22.483
202412 19.956 315.605 20.880
202503 23.294 319.799 24.053
202506 21.957 322.561 22.478
202509 24.108 324.800 24.510
202512 27.576 324.054 28.100
202603 34.280 330.213 34.280

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

Frequently Asked Questions Learn more about E10 →
What does a E10 of MXN54.78 mean?
Southern Copper (MEX:SCCO) has a E10 of MXN54.78 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Southern Copper and its competitors.
Is Southern Copper's E10 too high?
Southern Copper's current E10 is MXN54.78. Overall, Southern Copper has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Copper's E10 compare to FCX and IE?
Southern Copper's E10 of MXN54.78 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 E10 for a Metals & Mining company?
A good E10 depends on the Metals & Mining industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Southern Copper and its competitors. Southern Copper's current E10 is MXN54.78. 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 MXN2,058.92, compared to a current price of MXN3,311.04 — trading 60.8% above its estimated fair value. The current E10 is MXN54.78. Southern Copper's overall GF Score™ is 85/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Southern Copper (MEX:SCCO), the current E10 is MXN54.78 as of Mar. 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 MXN3,311.04 is trading 60.8% above its estimated GF Value™ of MXN2,058.92. GuruFocus considers Southern Copper to be Significantly Overvalued.

Key valuation signals for MEX:SCCO:

  • E10: MXN54.78
  • GF Value™: MXN2,058.92 vs. price of MXN3,311.04 (60.8% above fair value)
  • GF Score™: 85/100 with 1 warning sign

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.
85GF Score

Get the complete analysis for MEX:SCCO

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,311.04
Price
MXN2,058.92
GF Value