In the current session, the stock is trading at $88.00, after a 0.46% increase. Over the past month, Southern Copper Inc. (NYSE:SCCO) stock increased by 22.49%, and in the past year, by 44.12%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.
A Look at Southern Copper P/E Relative to Its Competitors
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current ...