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Southern Copper (MEX:SCCO) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Southern Copper Forward PE Ratio Related Terms
Southern Copper Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Southern Copper's Forward PE Ratio 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 Forward PE Ratio Chart
Southern Copper Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
45.87
25.13
42.02
19.88
32.47
28.09
44.84
46.08
23.54
26.84
Southern Copper Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
45.87
43.29
41.67
58.14
25.13
26.04
24.88
29.50
42.02
26.11
23.04
20.92
19.88
21.41
24.63
21.05
19.27
46.51
32.79
32.47
34.84
20.20
26.88
28.09
37.45
25.58
32.89
44.84
50.51
37.88
47.62
46.08
24.51
23.54
20.56
21.54
25.52
26.84
25.22
27.99
MEX:SCCO vs FCX, IE, COPR: Forward PE Ratio Comparison
For the Copper subindustry, Southern Copper's Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Southern Copper's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Southern Copper's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Southern Copper (MEX:SCCO) has a Forward PE Ratio of 25.01 as of Jul. 31, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Southern Copper and its competitors. According to the industry distribution chart, Southern Copper ranks #407 out of 488 companies in the Metals & Mining industry, placing it in the top 83.4%.
Is Southern Copper's Forward PE Ratio too high?
Southern Copper's current Forward PE Ratio is 25.01. The Metals & Mining industry median Forward PE Ratio is 11.01. Southern Copper's value of 25.01 is 127.3% above this industry median. Based on the distribution chart, Southern Copper ranks #407 out of 488 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Southern Copper has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southern Copper's Forward PE Ratio compare to FCX and IE?
According to the Metals & Mining industry distribution chart, Southern Copper ranks #407 out of 488 companies for Forward PE Ratio. This places Southern Copper in the lower half of its industry. The industry median Forward PE Ratio is 11.01. Southern Copper's value of 25.01 is 127.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Metals & Mining company?
The median Forward PE Ratio among Metals & Mining companies is 11.01, based on 488 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southern Copper's current Forward PE Ratio of 25.01 is 127.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Southern Copper and its competitors. For the Metals & Mining industry, the median Forward PE Ratio is 11.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Copper's current Forward PE Ratio is 25.01. 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 MXN2,306.78, compared to a current price of MXN3,120.00 — trading 35.3% above its estimated fair value. The current Forward PE Ratio is 25.01 and 127.3% above the Metals & Mining industry median of 11.01. Southern Copper's overall GF Score™ is 91/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Southern Copper (MEX:SCCO), the current Forward PE Ratio is 25.01 as of Jul. 31, 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 MXN3,120.00 is trading 35.3% above its estimated GF Value™ of MXN2,306.78.
GuruFocus considers Southern Copper to be Significantly Overvalued.
Key valuation signals for MEX:SCCO:
Forward PE Ratio: 25.01
GF Value™: MXN2,306.78 vs. price of MXN3,120.00 (35.3% above fair value)
Industry Position: 127.3% above the Metals & Mining median (#407 of 488)
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 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.
91GF Score
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