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Southern Copper (Southern Copper) Cyclically Adjusted PS Ratio : 10.27 (As of Apr. 27, 2024)


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What is Southern Copper Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Southern Copper's current share price is $116.94. Southern Copper's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.39. Southern Copper's Cyclically Adjusted PS Ratio for today is 10.27.

The historical rank and industry rank for Southern Copper's Cyclically Adjusted PS Ratio or its related term are showing as below:

SCCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.08   Med: 4.95   Max: 10.12
Current: 9.81

During the past years, Southern Copper's highest Cyclically Adjusted PS Ratio was 10.12. The lowest was 3.08. And the median was 4.95.

SCCO's Cyclically Adjusted PS Ratio is ranked worse than
91.78% of 584 companies
in the Metals & Mining industry
Industry Median: 1.32 vs SCCO: 9.81

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Southern Copper's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.969. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $11.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southern Copper Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Southern Copper's Cyclically Adjusted PS 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.

* Premium members only.

Southern Copper Cyclically Adjusted PS Ratio Chart

Southern Copper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.15 7.50 6.33 5.66 7.55

Southern Copper Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio 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 5.66 6.95 6.42 6.62 7.55

Competitive Comparison of Southern Copper's Cyclically Adjusted PS Ratio

For the Copper subindustry, Southern Copper's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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's Cyclically Adjusted PS Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Southern Copper's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Southern Copper's Cyclically Adjusted PS Ratio falls into.



Southern Copper Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Southern Copper's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=116.94/11.39
=10.27

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Southern Copper's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.969/129.4194*129.4194
=2.969

Current CPI (Dec. 2023) = 129.4194.

Southern Copper Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.624 99.695 2.108
201406 1.785 100.560 2.297
201409 1.778 100.428 2.291
201412 1.802 99.070 2.354
201503 1.583 99.621 2.057
201506 1.733 100.684 2.228
201509 1.429 100.392 1.842
201512 1.604 99.792 2.080
201603 1.609 100.470 2.073
201606 1.726 101.688 2.197
201609 1.811 101.861 2.301
201612 1.809 101.863 2.298
201703 2.049 102.862 2.578
201706 1.979 103.349 2.478
201709 2.169 104.136 2.696
201712 2.412 104.011 3.001
201803 2.382 105.290 2.928
201806 2.377 106.317 2.894
201809 2.230 106.507 2.710
201812 2.192 105.998 2.676
201903 2.268 107.251 2.737
201906 2.352 108.070 2.817
201909 2.405 108.329 2.873
201912 2.399 108.420 2.864
202003 2.224 108.902 2.643
202006 2.309 108.767 2.747
202009 2.754 109.815 3.246
202012 3.041 109.897 3.581
202103 3.276 111.754 3.794
202106 3.747 114.631 4.230
202109 3.468 115.734 3.878
202112 3.652 117.630 4.018
202203 3.575 121.301 3.814
202206 2.984 125.017 3.089
202209 2.790 125.227 2.883
202212 3.648 125.222 3.770
202303 3.614 127.348 3.673
202306 2.976 128.729 2.992
202309 3.241 129.860 3.230
202312 2.969 129.419 2.969

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Southern Copper  (NYSE:SCCO) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Southern Copper Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Southern Copper's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Southern Copper (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. Southern Copper 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. Its geographical segments are The Americas, Europe, and Asia.
Executives
Castillo Sanchez Mejorada Enrique director C/O SOUTHERN COPPER CORPORATION, 11811 NORTH TATUM BLVD., SUITE 2500, PHOENIX AZ 85028
Palomino Bonilla Luis Miguel director C/O SOUTHERN PERU COPPER CORP, 2575 E CAMELBACK RD, PHOENIX AZ 85016
Velasco German Larrea Mota director, officer: Chairman of the Board and CEO
Contreras Lerdo De Tejada Leonardo director 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Andreve Vicente Ariztegui director 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Perez Alfredo Casar director C/O SOUTHERN COPPER CORPORATION, AV. CAMINOS DEL INCA 171, LIMA R5 33
Castro Raul Vaca officer: General Auditor 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Chapa Ramon Leal officer: Senior Vice President 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Quintanilla Daniel Muniz director C/O SOUTHERN COPPER CORPORATION, 11811 NORTH TATUM BLVD., SUITE 2500, PHOENIX AZ 85028
Mac Gregor Anciola Rafael director 1440 E. MISSOURI AVENUE, STE. C160, PHOENIX AZ 85014
Lopez Abad Rafael F. officer: General Auditor 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Lina Vingerhoets officer: Comptroller 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Julian Jorge Lazalde officer: Secretary 1440 E. MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Andres C Ferrero officer: General Counsel 1440 E MISSOURI AVENUE, SUITE 160, PHOENIX AZ 85014
Oscar Gonzalez Rocha director, officer: President

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