Is Southern Copper Corp. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Southern Copper Corp. has moved from very expensive to expensive, indicating a slight improvement in its valuation perception. The company appears to be overvalued 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, all of which suggest that the stock is priced higher than its peers. In comparison, Freeport-McMoRan, Inc. has a lower P/E ratio of 17.70 and an EV to EBITDA of 8.70, highlighting Southern Copper's relative overvaluation.
Despite its high valuation, Southern Copper has shown strong performance, with a year-to-date return of 46.37% compared to the S&P 500's 13.30%. This outperformance may reflect investor confidence, but the elevated valuation ratios suggest caution for potential investors.