• Southern Copper average price/book ratio for 2023 was 7.31, a 43.61% increase from 2022.
• Southern Copper average price/book ratio for 2022 was 5.09, a 1.74% increase from 2021.
• Southern Copper average price/book ratio for 2021 was 5.18, a 28.54% decline from 2020.

Price/book ratio can be defined as