Is Southern Copper Corp. overvalued or undervalued?

As of 14 July 2025, the valuation grade for Southern Copper Corp. moved from expensive to fair. The company appears fairly valued based on its current metrics. Key ratios include a P/E ratio of 24, a Price to Book Value of 8.90, and an EV to EBITDA of 13.03. In comparison, Freeport-McMoRan, Inc. is considered very expensive with a P/E of 17.70, while Southern Copper's PEG ratio of 0.49 suggests strong growth potential relative to its price.
In terms of stock performance, Southern Copper Corp. has outperformed the S&P 500 over multiple periods, with a 3-year return of 141.39% compared to the S&P 500's 70.41%, reinforcing the notion that the stock is fairly valued in light of its growth prospects.