Southern Copper (XBUL:PCU) E10: €2.63 (As of Mar. 2026)

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XBUL:PCU Southern Copper Corp XBUL:PCU
90 GF Score
Price €170.95
GF Value €122.41
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Southern Copper E10?

Southern Copper XBUL:PCU 90 E10 is €2.63 as of Mar. 2026. GuruFocus rates XBUL:PCU with a GF Score™ of 90/100 and a GF Value™ of €122.41 (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 €1.644. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €2.63 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 (2026-07-14), Southern Copper's current stock price is €170.95. Southern Copper's E10 for the quarter that ended in Mar. 2026 was €2.63. Southern Copper's Shiller PE Ratio of today is 65.00.

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 29.11.


Southern Copper  (XBUL:PCU) 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
=170.95/2.63
=65.00

* 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 29.11.


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 0.00 0.00 0.00 3.03 2.20

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 3.05 2.89 2.50 2.20 2.63

XBUL:PCU 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.


XBUL:PCU
90GF Score
Southern Copper Corp XBUL:PCU
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)
=1.644/330.2130*330.2130
=1.644

Current CPI (Mar. 2026) = 330.2130.

Southern Copper Quarterly Data

per share eps CPI Adj_EPS
201606 0.239 241.018 0.327
201609 0.215 241.428 0.294
201612 0.193 241.432 0.264
201703 0.355 243.801 0.481
201706 0.322 244.955 0.434
201709 0.404 246.819 0.541
201712 -0.290 246.524 -0.388
201803 0.458 249.554 0.606
201806 0.420 251.989 0.550
201809 0.381 252.439 0.498
201812 0.310 251.233 0.407
201903 0.410 254.202 0.533
201906 0.426 256.143 0.549
201909 0.421 256.759 0.541
201912 0.334 256.974 0.429
202003 0.235 258.115 0.301
202006 0.280 257.797 0.359
202009 0.511 260.280 0.648
202012 0.579 260.474 0.734
202103 0.771 264.877 0.961
202106 0.931 271.696 1.132
202109 0.882 274.310 1.062
202112 0.886 278.802 1.049
202203 0.858 287.504 0.985
202206 0.491 296.311 0.547
202209 0.627 296.808 0.698
202212 1.023 296.797 1.138
202303 0.909 301.836 0.994
202306 0.614 305.109 0.665
202309 0.706 307.789 0.757
202312 0.493 306.746 0.531
202403 0.834 312.332 0.882
202406 1.083 314.175 1.138
202409 0.982 315.301 1.028
202412 0.914 315.605 0.956
202503 1.053 319.799 1.087
202506 1.011 322.561 1.035
202509 1.120 324.800 1.139
202512 1.308 324.054 1.333
202603 1.644 330.213 1.644

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 €2.63 mean?
Southern Copper (XBUL:PCU) has a E10 of €2.63 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 €2.63. Overall, Southern Copper has a GF Score™ of 90/100 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 €2.63 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 €2.63. 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 (XBUL:PCU) is currently considered Significantly Overvalued. The stock's GF Value™ is €122.41, compared to a current price of €170.95 — trading 39.7% above its estimated fair value. The current E10 is €2.63. Southern Copper's overall GF Score™ is 90/100 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 (XBUL:PCU), the current E10 is €2.63 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 (XBUL:PCU) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Copper stock appears to be overvalued. The current stock price of €170.95 is trading 39.7% above its estimated GF Value™ of €122.41. GuruFocus considers Southern Copper to be Significantly Overvalued.

Key valuation signals for XBUL:PCU:

  • E10: €2.63
  • GF Value™: €122.41 vs. price of €170.95 (39.7% above fair value)
  • GF Score™: 90/100 with 1 warning sign

No single metric tells the full story. See the XBUL:PCU 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.
90GF Score

Get the complete analysis for XBUL:PCU

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

€170.95
Price
€122.41
GF Value