US Solar Fund (LSE:USF) PB Ratio: 0.60 (As of Jun. 26, 2026) — 28% Below Median


LSE:USF US Solar Fund PLC LSE:USF
36 GF Score
Price $0.37
! 4 Warning Signs
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What is US Solar Fund PB Ratio?

US Solar Fund LSE:USF 36 PB Ratio is 0.60 as of Jun. 26, 2026, which is 28% below its 10-year median of 0.83. GuruFocus rates LSE:USF with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 430 Utilities - Independent Power Producers companies, US Solar Fund ranks better than 79.53% 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 (2026-06-26), US Solar Fund's share price is $0.365. US Solar Fund's Book Value per Share for the quarter that ended in Dec. 2025 was $0.61. Hence, US Solar Fund's PB Ratio of today is 0.60.

Warning Sign:

US Solar Fund PLC stock PB Ratio (=0.6) is close to 1-year high of 0.65.

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

LSE:USF' s PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.83   Max: 1.12
Current: 0.6

During the past 7 years, US Solar Fund's highest PB Ratio was 1.12. The lowest was 0.46. And the median was 0.83.

LSE:USF's PB Ratio is ranked better than
79.53% of 430 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.355 vs LSE:USF: 0.60

During the past 12 months, US Solar Fund's average Book Value Per Share Growth Rate was -4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -14.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.50% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of US Solar Fund was -0.30% per year. The lowest was -14.40% per year. And the median was -10.30% per year.

Back to Basics: PB Ratio


US Solar Fund  (LSE:USF) 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.


US Solar Fund PB Ratio Related Terms


US Solar Fund PB Ratio Historical Data

* Premium members only.

The historical data trend for US 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.

US Solar Fund PB Ratio Chart

US Solar Fund Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 0.98 0.87 0.69 0.67 0.56

US Solar Fund Semi-Annual Data
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 0.69 0.64 0.67 0.60 0.56

US Solar Fund PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, US 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.


US Solar Fund PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, US Solar Fund's PB Ratio distribution charts can be found below:

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


LSE:USF
36GF Score
US Solar Fund PLC LSE:USF
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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US 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=0.365/0.605
=0.60

* 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 0.60 mean?
US Solar Fund (LSE:USF) has a PB Ratio of 0.60 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on US Solar Fund and its competitors. This is 28% below median its historical median of 0.83. Over the past decade, US Solar Fund's PB Ratio has ranged from 0.46 to 1.12. According to the industry distribution chart, US Solar Fund ranks #88 out of 430 companies in the Utilities - Independent Power Producers industry, placing it in the top 20.5%.
Is US Solar Fund's PB Ratio too high?
US Solar Fund's current PB Ratio of 0.60 is 28% below median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 1.12. The Utilities - Independent Power Producers industry median PB Ratio is 1.36. US Solar Fund's value of 0.60 is 55.7% below this industry median. Based on the distribution chart, US Solar Fund ranks #88 out of 430 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, US Solar Fund has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does US Solar Fund's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, US Solar Fund ranks #88 out of 430 companies for PB Ratio. This places US Solar Fund in the top 21% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.36. US Solar Fund's value of 0.60 is 55.7% below this benchmark. Historically, US Solar Fund's own PB Ratio has ranged from 0.46 to 1.12 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.36, US 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 Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.36, based on 430 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. US Solar Fund's current PB Ratio of 0.60 is 55.7% 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 US Solar Fund and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. US Solar Fund's current PB Ratio is 0.60, which is 28% below median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is US Solar Fund stock overvalued right now?
US Solar Fund (LSE:USF) has a current PB Ratio of 0.60. The current PB Ratio is 0.60, which is 28% below median its 10-year median of 0.83 and 55.7% below the Utilities - Independent Power Producers industry median of 1.36. US Solar Fund's overall GF Score™ is 36/100 with 4 warning signs to review. 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 US Solar Fund (LSE:USF), the current PB Ratio is 0.60 as of Jun. 26, 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.

US Solar Fund Business Description

Address 52 Lime Street, 18th Floor, The Scalpel, London, GBR, EC3M 7AF
US Solar Fund PLC is a closed-end investment trust company. It invests in a diversified portfolio of Solar Power Assets located in North America and other countries forming part of the Organisation for Economic Co-operation and Development (OECD) in the Americas. Its investment objective is to provide investors with attractive risk-adjusted and sustainable dividends, with an element of capital growth, by investing in a diversified portfolio of Solar Power Assets. By investing in Solar Power Assets and selling the output from these assets to energy users, the company directly contributes to renewable energy infrastructure and renewable power generation.
36GF Score

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