Foresight Solar Fund (LSE:FSFL) Book Value per Share : £1.18 (As of Dec. 2023)

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What is Foresight Solar Fund Book Value per Share?

Foresight Solar Fund's book value per share for the quarter that ended in Dec. 2023 was £1.18.

During the past 12 months, Foresight Solar Fund's average Book Value Per Share Growth Rate was -6.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 10 years, the highest 3-Year average Book Value Per Share Growth Rate of Foresight Solar Fund was 7.30% per year. The lowest was -3.60% per year. And the median was 1.10% per year.

Foresight Solar Fund's current price is £0.867. Its book value per share for the quarter that ended in Dec. 2023 was £1.18. Hence, today's PB Ratio of Foresight Solar Fund is 0.73.

During the past 10 years, the highest P/B Ratio of Foresight Solar Fund was 1.22. The lowest was 0.69. And the median was 1.03.

Good Sign:

Foresight Solar Fund Ltd stock PB Ratio (=0.75) is close to 10-year low of 0.69

Foresight Solar Fund Book Value per Share Historical Data

The historical data trend for Foresight Solar Fund's Book Value per Share 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.

* Premium members only.

Foresight Solar Fund Book Value per Share Chart

Foresight Solar Fund Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Book Value per Share

Get a 7-Day Free Trial

1.04

0.96

1.08

1.27

1.18

Foresight Solar Fund Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Book Value per Share	Get a 7-Day Free Trial													1.08	1.24	1.27	1.20	1.18

Competitive Comparison of Foresight Solar Fund's Book Value per Share

For the Asset Management subindustry, Foresight Solar Fund'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.

Foresight Solar Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Foresight Solar Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Foresight Solar Fund's PB Ratio falls into.

Foresight Solar Fund Book Value per Share Calculation

Foresight Solar Fund's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(697.89	-	0.00)	/	589.24
	=	1.18

Foresight Solar Fund's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(697.89	-	0.00)	/	589.24
	=	1.18

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Foresight Solar Fund (LSE:FSFL) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Foresight Solar Fund Book Value per Share Related Terms

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Foresight Solar Fund (LSE:FSFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Foresight Solar Fund Ltd (LSE:FSFL) » Definitions » Book Value per Share

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FSFLl:UK

Address

The Shard, 32 London Bridge Street, London, JEY, SE1 9SG

Website

https://fsfl.foresightgroup.eu

Foresight Solar Fund Ltd is a closed-ended company. Its objective is to provide investors with a sustainable, progressive quarterly dividend and enhanced capital value, through investment in ground-based solar assets predominantly located in the UK. The company makes its investments through intermediate holding companies and underlying Project Vehicles/Special Purpose Vehicles (SPVs). It will pursue its investment objective by acquiring ground-based, operational solar power plants predominantly located in the UK.

Foresight Solar Fund (LSE:FSFL) Headlines

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