Desoto Resources Ltd (AU:DES) — Market Cap & Net Worth
Market Cap & Net Worth: Desoto Resources Ltd (DES)
Desoto Resources Ltd (AU:DES) has a market capitalization of $28.40 Million (AU$40.13 Million) as of May 5, 2026. Listed on the AU stock exchange, this Australia-based company holds position #23875 globally and #966 in its home market, demonstrating a -9.38% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Desoto Resources Ltd's stock price AU$0.15 by its total outstanding shares 276785579 (276.79 Million). Analyse Desoto Resources Ltd (DES) cash conversion ratio to see how efficiently the company converts income to cash.
Desoto Resources Ltd Market Cap History: 2022 to 2026
Desoto Resources Ltd's market capitalization history from 2022 to 2026. Data shows change from $34.27 Million to $28.40 Million (-5.41% CAGR).
Desoto Resources Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Desoto Resources Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
23482.43x
Desoto Resources Ltd's market cap is 23482.43 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2024 | $14.69 Million | $1.06K | -$1.69 Million | 13817.74x | N/A |
| 2025 | $29.38 Million | $1.25K | -$2.91 Million | 23482.43x | N/A |
Competitor Companies of DES by Market Capitalization
Companies near Desoto Resources Ltd in the global market cap rankings as of May 5, 2026.
Key companies related to Desoto Resources Ltd by market ranking:
- BHP Group (MX:BHPN): Ranked #100 globally with a market cap of $201.65 Billion USD ( MX$3.50 Trillion MXN).
- BHP Group Ltd (AU:BHP): Ranked #105 globally with a market cap of $197.54 Billion USD ( AU$279.18 Billion AUD).
- Rio Tinto Group (MX:RION): Ranked #184 globally with a market cap of $126.07 Billion USD ( MX$2.19 Trillion MXN).
- Rio Tinto Group (F:RIOA): Ranked #246 globally with a market cap of $99.40 Billion USD ( €85.02 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #100 | BHP Group | MX:BHPN | $201.65 Billion | MX$1380.00 |
| #105 | BHP Group Ltd | AU:BHP | $197.54 Billion | AU$54.95 |
| #184 | Rio Tinto Group | MX:RION | $126.07 Billion | MX$1746.90 |
| #246 | Rio Tinto Group | F:RIOA | $99.40 Billion | €85.00 |
Desoto Resources Ltd Historical Marketcap From 2022 to 2026
Between 2022 and today, Desoto Resources Ltd's market cap moved from $34.27 Million to $ 28.40 Million, with a yearly change of -5.41%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | AU$28.40 Million | -3.33% |
| 2025 | AU$29.38 Million | +100.00% |
| 2024 | AU$14.69 Million | -18.48% |
| 2023 | AU$18.02 Million | -47.43% |
| 2022 | AU$34.27 Million | -- |
End of Day Market Cap According to Different Sources
On May 5th, 2026 the market cap of Desoto Resources Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $28.40 Million USD |
| MoneyControl | $28.40 Million USD |
| MarketWatch | $28.40 Million USD |
| marketcap.company | $28.40 Million USD |
| Reuters | $28.40 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Desoto Resources Ltd
DeSoto Resources Limited, a mineral exploration company, engages in the exploration and evaluation of mineral properties in Guinea and the Northern Territory, Australia. The company explores for gold, lithium, rare earth, and other base metal deposits. The company was incorporated in 2022 and is based in Daglish, Australia.