By AM-GM'ineq: \(\hept{\begin{cases}1+\frac{a}{b}\ge2\sqrt{\frac{a}{b}}\\1+\frac{b}{c}\ge2\sqrt{\frac{b}{c}}\\1+\frac{c}{a}\ge2\sqrt{\frac{c}{a}}\end{cases}}\)
\(\Rightarrow LHS=\left(1+\frac{a}{b}\right)\left(1+\frac{b}{c}\right)\left(1+\frac{c}{a}\right)\ge8=RHS\)
The equality occurs when \(a=b=c\)
Hence \(P=\frac{a^3+b^3+c^3}{abc}=\frac{3a^3}{a^3}=3\)