Diablo Resources Ltd
ASX:DBO

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Diablo Resources Ltd
ASX:DBO
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Price: 0.016 AUD 6.67% Market Closed
Market Cap: AU$3.8m

P/B

1.5
Current
33%
Cheaper
vs 3-y average of 2.3

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
AU$4m
/
Total Equity
AU$2.5m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.5
=
Market Cap
AU$4m
/
Total Equity
AU$2.5m

Valuation Scenarios

Diablo Resources Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (2.3), the stock would be worth AU$0.02 (50% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-62%
Maximum Upside
+113%
Average Upside
44%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.5 AU$0.02
0%
3-Year Average 2.3 AU$0.02
+50%
5-Year Average 0.6 AU$0.01
-62%
Industry Average 3.2 AU$0.03
+113%
Country Average 2.7 AU$0.03
+77%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
AU
Diablo Resources Ltd
ASX:DBO
3.8m AUD 1.5 -3.9
AU
BHP Group Ltd
ASX:BHP
285.2B AUD 3.9 19.4
AU
Rio Tinto Ltd
ASX:RIO
280.8B AUD 3.6 19.9
UK
Rio Tinto PLC
LSE:RIO
119.4B GBP 2.7 15.8
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.6T MXN 3.9 17.8
CH
Glencore PLC
LSE:GLEN
64.8B GBP 2.2 236.3
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 4 33.9
CN
CMOC Group Ltd
SSE:603993
406.5B CNY 4.8 19.6
UK
Anglo American PLC
LSE:AAL
42.8B GBP 3.2 -15.1
CN
China Molybdenum Co Ltd
OTC:CMCLF
51.8B USD 4.3 17.5
ZA
African Rainbow Minerals Ltd
JSE:ARI
44.5B ZAR 0.7 34.6
P/E Multiple
Earnings Growth PEG
AU
Diablo Resources Ltd
ASX:DBO
Average P/E: 46.1
Negative Multiple: -3.9
N/A N/A
AU
BHP Group Ltd
ASX:BHP
19.4
11%
1.8
AU
Rio Tinto Ltd
ASX:RIO
19.9
13%
1.5
UK
Rio Tinto PLC
LSE:RIO
15.8
11%
1.4
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
17.8
3%
5.9
CH
Glencore PLC
LSE:GLEN
236.3
161%
1.5
SA
Saudi Arabian Mining Company SJSC
SAU:1211
33.9
10%
3.4
CN
CMOC Group Ltd
SSE:603993
19.6
23%
0.9
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -15.1 N/A N/A
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
17.5
24%
0.7
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
34.6
156%
0.2

Market Distribution

Lower than 72% of companies in Australia
Percentile
28th
Based on 2 062 companies
28th percentile
1.5
Low
0 — 1.6
Typical Range
1.6 — 4.3
High
4.3 —
Distribution Statistics
Australia
Min 0
30th Percentile 1.6
Median 2.7
70th Percentile 4.3
Max 2 199.4

Diablo Resources Ltd
Glance View

Market Cap
3.8m AUD
Industry
Metals & Mining

Diablo Resources Ltd. focuses on providing further investment exposure to the gold and gold-copper assets. The company is headquartered in Perth, Western Australia. The company went IPO on 2021-10-12. The Company, through its wholly owned subsidiaries, holds a 100% interest in the Devil's Canyon Gold-Copper Project, the Western Desert Gold-Copper Project, and the Lone Pine Gold Project. The Devil's Canyon Gold-Copper Project located in the Carlin Gold trend in Nevada consisting of 90 claims. The Western Desert Gold-Copper Project consisting of 257 claims and a state lease located in Western Utah near the Nevada border. The Lone Pine Gold Project located approximately 10-kilometer (km) west of Salmon, Idaho and which consists of two patented mining claims surrounded by a further 268 claims. Its subsidiaries include HWK Nevada Pty Ltd, HWK Utah Pty Ltd, and HWK Idaho Pty Ltd.

DBO Intrinsic Value
0.003 AUD
Overvaluation 82%
Intrinsic Value
Price AU$0.016
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