Formal:
* Petit trésor: This is the most direct translation and is appropriate for formal situations.
* Mon petit trésor: This is a more affectionate way to say "my little treasure" and is commonly used between lovers or parents and children.
Informal:
* Mon petit chou: This is a very affectionate term that can be used for children or loved ones. It literally means "my little cabbage".
* Mon petit cœur: This means "my little heart" and is a very loving and intimate term.
* Mon petit bijou: This means "my little jewel" and is a playful way to refer to someone you cherish.
For a specific object:
* Un petit trésor: This is a good option for a small, valuable object.
The best option will depend on the specific situation and the relationship between the speaker and the listener.