Foresight Solar Fund (LSE:FSFL) PB Ratio: 0.72 (As of Jun. 25, 2026) — 29% Below Median


LSE:FSFL Foresight Solar Fund Ltd LSE:FSFL
42 GF Score
Price £0.71
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What is Foresight Solar Fund PB Ratio?

Foresight Solar Fund LSE:FSFL +2.29% 42 PB Ratio is 0.72 as of Jun. 25, 2026, which is 29% below its 10-year median of 1.02. GuruFocus rates LSE:FSFL with a GF Score™ of 42/100. Among 1,607 Asset Management companies, Foresight Solar Fund ranks better than 78.1% 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 (2026-06-25), Foresight Solar Fund's share price is £0.714. Foresight Solar Fund's Book Value per Share for the quarter that ended in Dec. 2025 was £0.99. Hence, Foresight Solar Fund's PB Ratio of today is 0.72.

The historical rank and industry rank for Foresight Solar Fund's PB Ratio or its related term are showing as below:

LSE:FSFL' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.02   Max: 1.22
Current: 0.72

During the past 12 years, Foresight Solar Fund's highest PB Ratio was 1.22. The lowest was 0.56. And the median was 1.02.

LSE:FSFL's PB Ratio is ranked better than
78.1% of 1607 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:FSFL: 0.72

During the past 12 months, Foresight Solar Fund's average Book Value Per Share Growth Rate was -11.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.90% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Foresight Solar Fund was 7.30% per year. The lowest was -7.80% per year. And the median was 1.10% per year.

Back to Basics: PB Ratio


Foresight Solar Fund  (LSE:FSFL) 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.


Foresight Solar Fund PB Ratio Related Terms


Foresight Solar Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for Foresight Solar Fund'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.

Foresight Solar Fund PB Ratio Chart

Foresight Solar Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.94 0.86 0.69 0.65

Foresight Solar Fund Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 0.78 0.69 0.79 0.65

LSE:FSFL vs BLK, BX, KKR: PB Ratio Comparison

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 PB Ratio vs 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.


LSE:FSFL
42GF Score
Foresight Solar Fund Ltd LSE:FSFL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Foresight Solar Fund 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.

Foresight Solar Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.714/0.992
=0.72

* 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:

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 0.72 mean?
Foresight Solar Fund (LSE:FSFL) has a PB Ratio of 0.72 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Foresight Solar Fund and its competitors. This is 29% below median its historical median of 1.02. Over the past decade, Foresight Solar Fund's PB Ratio has ranged from 0.56 to 1.22. According to the industry distribution chart, Foresight Solar Fund ranks #352 out of 1607 companies in the Asset Management industry, placing it in the top 21.9%.
Is Foresight Solar Fund's PB Ratio too high?
Foresight Solar Fund's current PB Ratio of 0.72 is 29% below median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.22. The Asset Management industry median PB Ratio is 0.95. Foresight Solar Fund's value of 0.72 is 24.2% below this industry median. Based on the distribution chart, Foresight Solar Fund ranks #352 out of 1607 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Foresight Solar Fund has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Foresight Solar Fund's PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Foresight Solar Fund ranks #352 out of 1607 companies for PB Ratio. This places Foresight Solar Fund in the top 22% of its industry — outperforming the majority of peers. The industry median PB Ratio is 0.95. Foresight Solar Fund's value of 0.72 is 24.2% below this benchmark. Historically, Foresight Solar Fund's own PB Ratio has ranged from 0.56 to 1.22 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 0.95, Foresight Solar Fund has consistently been below the industry average. 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 an Asset Management company?
The median PB Ratio among Asset Management companies is 0.95, based on 1,607 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. Foresight Solar Fund's current PB Ratio of 0.72 is 24.2% below 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 Foresight Solar Fund and its competitors. For the Asset Management industry, the median PB Ratio is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Foresight Solar Fund's current PB Ratio is 0.72, which is 29% below median its own 10-year median of 1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foresight Solar Fund stock overvalued right now?
Foresight Solar Fund (LSE:FSFL) has a current PB Ratio of 0.72. The current PB Ratio is 0.72, which is 29% below median its 10-year median of 1.02 and 24.2% below the Asset Management industry median of 0.95. Foresight Solar Fund's overall GF Score™ is 42/100. 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 Foresight Solar Fund (LSE:FSFL), the current PB Ratio is 0.72 as of Jun. 25, 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.

Foresight Solar Fund Business Description

Address 32 London Bridge Street, The Shard, London, JEY, SE1 9SG
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, whilst facilitating climate change mitigation and the transition to a lower-carbon economy. The company makes its investments through intermediate holding companies and underlying Special Purpose Vehicles (SPVs). The company will pursue its investment objective by acquiring, managing, and selling solar and battery energy storage system (BESS) assets at different stages of maturity.
42GF Score

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