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Desoto ResourcesASX:DES +4.35%20 PB Ratio is 1.52 as of Jul. 18, 2026. GuruFocus rates ASX:DES with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 2,359 Metals & Mining companies, Desoto Resources ranks better than 65.58% on this metric.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-18), Desoto Resources's share price is A$0.12. Desoto Resources's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.08. Hence, Desoto Resources's PB Ratio of today is 1.52.
The historical rank and industry rank for Desoto Resources's PB Ratio or its related term are showing as below:
ASX:DES'
s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1.71
Current: 1.52
During the past 3 years, Desoto Resources's highest PB Ratio was 1.71. The lowest was 0.00. And the median was 0.00.
ASX:DES's PB Ratio is ranked better than 65.58% of 2359
companies
in the Metals & Mining industry
Industry Median: 2.14
vs ASX:DES: 1.52
During the past 12 months, Desoto Resources's average Book Value Per Share Growth Rate was -27.60% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Desoto Resources PB Ratio Related Terms
Desoto Resources PB Ratio Historical Data
* Premium members only.
The historical data trend for Desoto Resources's PB 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.
For the Other Industrial Metals & Mining subindustry, Desoto Resources's PB Ratio, along with its competitors' market caps and PB 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.
Desoto Resources PB Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Desoto Resources's PB Ratio distribution charts can be found below:
* The bar in red indicates where Desoto Resources's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Desoto Resources (ASX:DES) has a PB Ratio of 1.52 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Desoto Resources and its competitors. According to the industry distribution chart, Desoto Resources ranks #812 out of 2359 companies in the Metals & Mining industry, placing it in the top 34.4%.
Is Desoto Resources' PB Ratio too high?
Desoto Resources' current PB Ratio is 1.52. The Metals & Mining industry median PB Ratio is 2.14. Desoto Resources' value of 1.52 is 29% below this industry median. Based on the distribution chart, Desoto Resources ranks #812 out of 2359 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Desoto Resources has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Desoto Resources' PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Desoto Resources ranks #812 out of 2359 companies for PB Ratio. This puts Desoto Resources in the upper half of its industry. The industry median PB Ratio is 2.14. Desoto Resources' value of 1.52 is 29% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Metals & Mining company?
The median PB Ratio among Metals & Mining companies is 2.14, based on 2,359 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Desoto Resources's current PB Ratio of 1.52 is 29% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Desoto Resources and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desoto Resources's current PB Ratio is 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desoto Resources stock overvalued right now?
Desoto Resources (ASX:DES) has a current PB Ratio of 1.52. The current PB Ratio is 1.52 and 29% below the Metals & Mining industry median of 2.14. Desoto Resources' overall GF Score™ is 20/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Desoto Resources (ASX:DES), the current PB Ratio is 1.52 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Desoto Resources Ltd is an exploration company with gold, rare earth, lithium, and base metal projects in Guinea and the Northern Territory of Australia. Its portfolio includes the Fenton Gold Project, which hosts a gold system along the Fenton Shear Zone with drill results. The company focuses on advancing exploration through securing key tenements, permitting, and drilling. The company's projects provide exposure to both gold and rare earth elements. The company generates the majority of its revenue from Australia.
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