• Southern Copper average price/book ratio for 2024 was 9.38, a 30.46% decline from 2023.
• Southern Copper average price/book ratio for 2023 was 7.19, a 43.51% increase from 2022.
• Southern Copper average price/book ratio for 2022 was 5.01, a 1.76% increase from 2021.

Price/book ratio can be defined as