Desert Minerals (ASX:DSM) PB Ratio: 4.49 (As of Jul. 01, 2026)


ASX:DSM Desert Minerals Ltd ASX:DSM
13 GF Score
Price A$0.75
! 1 Warning Sign
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What is Desert Minerals PB Ratio?

Desert Minerals ASX:DSM +1.36% 13 PB Ratio is 4.49 as of Jul. 01, 2026. GuruFocus rates ASX:DSM with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 2,356 Metals & Mining companies, Desert Minerals ranks worse than 42444.78% 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 (2026-07-01), Desert Minerals's share price is A$0.745. Desert Minerals's Book Value per Share for the quarter that ended in Dec. 2025 was A$0.17. Hence, Desert Minerals's PB Ratio of today is 4.49.

The historical rank and industry rank for Desert Minerals's PB Ratio or its related term are showing as below:

ASX:DSM's PB Ratio is not ranked *
in the Metals & Mining industry.
Industry Median: 2.265
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

Desert Minerals  (ASX:DSM) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.

Desert Minerals PB Ratio Related Terms

Desert Minerals PB Ratio Historical Data

* Premium members only.

The historical data trend for Desert Minerals'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.

Desert Minerals PB Ratio Chart

Desert Minerals Annual Data
Trend
PB Ratio

Desert Minerals Semi-Annual Data
Dec25
PB Ratio 1.33

ASX:DSM vs NEM, AU: PB Ratio Comparison

For the Gold subindustry, Desert Minerals'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.

Desert Minerals PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Desert Minerals's PB Ratio distribution charts can be found below:

* The bar in red indicates where Desert Minerals's PB Ratio falls into.


ASX:DSM
13GF Score
Desert Minerals Ltd ASX:DSM
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Desert Minerals PB Ratio Calculation

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.

Desert Minerals's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.745/0.166
=4.49

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 4.49 mean?
Desert Minerals (ASX:DSM) has a PB Ratio of 4.49 as of Jul. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Desert Minerals and its competitors. According to the industry distribution chart, Desert Minerals ranks #999999 out of 2356 companies in the Metals & Mining industry.
Is Desert Minerals' PB Ratio too high?
Desert Minerals' current PB Ratio is 4.49. The Metals & Mining industry median PB Ratio is 2.27. Desert Minerals' value of 4.49 is 98.2% above this industry median. Based on the distribution chart, Desert Minerals ranks #999999 out of 2356 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Desert Minerals has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Desert Minerals' PB Ratio compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Desert Minerals ranks #999999 out of 2356 companies for PB Ratio. This places Desert Minerals in the lower half of its industry. The industry median PB Ratio is 2.27. Desert Minerals' value of 4.49 is 98.2% above 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 2.27, based on 2,356 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. Desert Minerals's current PB Ratio of 4.49 is 98.2% above 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 Desert Minerals and its competitors. For the Metals & Mining industry, the median PB Ratio is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Desert Minerals's current PB Ratio is 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desert Minerals stock overvalued right now?
Desert Minerals (ASX:DSM) has a current PB Ratio of 4.49. The current PB Ratio is 4.49 and 98.2% above the Metals & Mining industry median of 2.27. Desert Minerals' overall GF Score™ is 13/100 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 Desert Minerals (ASX:DSM), the current PB Ratio is 4.49 as of Jul. 01, 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.

Desert Minerals Business Description

Other Exchanges 775:Germany
Address 1 Alvan Street, Level 1, Subiaco, WA, AUS, 6008
Desert Minerals Ltd is a mineral exploration and development company. The projects of the company include the Scotty Lithium Project in Nevada, USA and the Mt Monger Gold Project in Western Australia. The projects focuses on exploring lithium and gold prospects.
13GF Score

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PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.75
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