Starlight US Residential Fund (Multi-Family) Investment LP (TSXV:SURF.UN) PB Ratio: (As of Aug. 16, 2026)

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What is Starlight US Residential Fund (Multi-Family) Investment LP PB Ratio?

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 (2026-08-16), Starlight US Residential Fund (Multi-Family) Investment LP's share price is C$0.035. Starlight US Residential Fund (Multi-Family) Investment LP's Book Value per Share for the quarter that ended in Mar. 2026 was C$-0.33. Hence, Starlight US Residential Fund (Multi-Family) Investment LP's PB Ratio of today is .

The historical rank and industry rank for Starlight US Residential Fund (Multi-Family) Investment LP's PB Ratio or its related term are showing as below:

During the past 5 years, Starlight US Residential Fund (Multi-Family) Investment LP's highest PB Ratio was 1.10. The lowest was 0.13. And the median was 0.54.

TSXV:SURF.UN's PB Ratio is not ranked *
in the REITs industry.
Industry Median: 0.85
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Starlight US Residential Fund (Multi-Family) Investment LP's average Book Value Per Share Growth Rate was -127.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -64.10% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Starlight US Residential Fund (Multi-Family) Investment LP was -34.70% per year. The lowest was -64.10% per year. And the median was -49.40% per year.

Back to Basics: PB Ratio

Starlight US Residential Fund (Multi-Family) Investment LP  (TSXV:SURF.UN) 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.

Starlight US Residential Fund (Multi-Family) Investment LP PB Ratio Related Terms

Starlight US Residential Fund (Multi-Family) Investment LP PB Ratio Historical Data

* Premium members only.

The historical data trend for Starlight US Residential Fund (Multi-Family) Investment LP'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.

Starlight US Residential Fund (Multi-Family) Investment LP PB Ratio Chart

Starlight US Residential Fund (Multi-Family) Investment LP Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
0.00 0.00 0.00 0.74 0.22

Starlight US Residential Fund (Multi-Family) Investment LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.83 0.49 0.37 0.22 0.00

TSXV:SURF.UN vs AVB, EQR, ESS: PB Ratio Comparison

For the REIT - Residential subindustry, Starlight US Residential Fund (Multi-Family) Investment LP'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.

Starlight US Residential Fund (Multi-Family) Investment LP PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Starlight US Residential Fund (Multi-Family) Investment LP's PB Ratio distribution charts can be found below:

* The bar in red indicates where Starlight US Residential Fund (Multi-Family) Investment LP's PB Ratio falls into.


Starlight US Residential Fund (Multi-Family) Investment LP 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.

Starlight US Residential Fund (Multi-Family) Investment LP's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.035/-0.328
=

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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.

Starlight US Residential Fund (Multi-Family) Investment LP Business Description

Industry Real EstateREITs
Address 3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
Starlight US Residential Fund (Multi-Family) Investment LP is a "closed-end" trust. It operates as a real estate investment and asset management company that acquires, owns, and operates a portfolio of multifamily properties and single-family rental homes. The company evaluates properties based on pricing and local supply-and-demand conditions in relation to the fund's stated performance targets. Its portfolio includes properties located in Arizona, Florida, and North Carolina.