<p><strong>Lendlease Group</strong>（ASX:LLC）的市销率（&#34;P/S&#34;）为 0.4 倍，相较于澳大利亚房地产行业，似乎现在是一个买入的好时机，因为该行业约有一半的公司市销率超过 2.2 倍，甚至超过 5 倍的市销率也相当普遍。然而，市销率低可能是有原因的，需要进一步调查以确定这种情况是否合理。</p>
<p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
<p>查看我们对 Lendlease Group 的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/722005-ps-multiple-vs-industry-1-dark-2/1769112063814?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/722005-ps-multiple-vs-industry-1-dark-2/1769112063814"/></p>
<p>ASX:LLC 市销率与行业比较 2026 年 1 月 22 日</p>
<h3>Lendlease Group 最近的表现如何？</h3>
<p>Lendlease Group 的表现可能更好，因为其收入最近一直在下降，而大多数其他公司则实现了正增长。市销率可能较低是因为投资者认为这种糟糕的收入表现不会有所改善。如果你仍然看好这家公司，你会希望这种情况不是事实，以便在它不受欢迎时能够买入一些股票。</p>
<p>如果你想了解分析师对未来的预测，应该查看我们关于 Lendlease Group 的 <strong>免费</strong> 报告。</p>
<h2>收入预测是否与低市销率相符？</h2>
<p>Lendlease Group 的市销率对于一家预计仅能实现有限增长的公司来说是典型的，重要的是，它的表现还低于行业水平。</p>
<p>回顾一下，公司的收入增长去年并不令人兴奋，出现了令人失望的 17% 的下降。过去三年也不太好，因为公司总共缩减了 14% 的收入。因此，股东们对中期收入增长率感到沮丧。</p>
<p>展望未来，七位分析师预计未来三年每年将实现 5.5% 的增长。由于行业预计每年增长 11%，该公司的收入结果将处于较弱的状态。</p>
<p>鉴于此，Lendlease Group 的市销率低于大多数其他公司是可以理解的。显然，许多股东在公司可能面临不太繁荣的未来时并不愿意持有股票。</p>
<h2>Lendlease Group 的市销率对投资者意味着什么？</h2>
<p>通常情况下，我们会警告在做出投资决策时不要过于依赖市销率，尽管它可以揭示其他市场参与者对公司的看法。</p>
<p>正如我们所怀疑的，我们对 Lendlease Group 的分析师预测的审查显示，其较差的收入前景正在导致其低市销率。目前，股东们接受低市销率，因为他们承认未来的收入可能不会带来任何令人愉快的惊喜。在这种情况下，很难看到股价在短期内强劲上涨。</p>
<p>在你采取下一步之前，你应该了解我们发现的 <strong>Lendlease Group 的 3 个警告信号</strong>（其中 1 个让我们有点不安！）。</p>
<p>如果你对 Lendlease Group 的业务实力 <strong>不确定</strong>，为什么不探索我们互动的股票列表，寻找一些你可能错过的基本面扎实的其他公司呢？</p>

<p>Lendlease Group（ASX:LLC）低至 0.4 倍的市销率（P/S）表明，与澳大利亚房地产行业相比，该公司可能被低估，而该行业的市销率通常超过 2.2 倍。然而，该公司的收入在去年下降了 17%，在三年内下降了 14%，导致市场前景悲观。分析师预测年均增长率为 5.5%，远低于行业平均水平的 11%。这一疲弱的收入预测导致了低市销率，表明投资者对该公司的未来表现持谨慎态度</p>

<p><strong>Lendlease Group's</strong> (ASX:LLC) price-to-sales (or &#34;P/S&#34;) ratio of 0.4x might make it look like a buy right now compared to the Real Estate industry in Australia, where around half of the companies have P/S ratios above 2.2x and even P/S above 5x are quite common. However, the P/S might be low for a reason and it requires further investigation to determine if it's justified.</p>
<div class="lb-trans"><p><strong>Lendlease Group</strong>（ASX:LLC）的市销率（&#34;P/S&#34;）为 0.4 倍，相较于澳大利亚房地产行业，似乎现在是一个买入的好时机，因为该行业约有一半的公司市销率超过 2.2 倍，甚至超过 5 倍的市销率也相当普遍。然而，市销率低可能是有原因的，需要进一步调查以确定这种情况是否合理。</p>
</div><p>This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.</p>
<div class="lb-trans"><p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
</div><p>Check out our latest analysis for Lendlease Group</p>
<div class="lb-trans"><p>查看我们对 Lendlease Group 的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/722005-ps-multiple-vs-industry-1-dark-2/1769112063814" alt="" original-src="https://images.simplywall.st/asset/chart/722005-ps-multiple-vs-industry-1-dark-2/1769112063814"/></p>
<p>ASX:LLC Price to Sales Ratio vs Industry January 22nd 2026</p>
<div class="lb-trans"><p>ASX:LLC 市销率与行业比较 2026 年 1 月 22 日</p>
</div><h3>How Has Lendlease Group Performed Recently?</h3>
<div class="lb-trans"><h3>Lendlease Group 最近的表现如何？</h3>
</div><p>Lendlease Group could be doing better as its revenue has been going backwards lately while most other companies have been seeing positive revenue growth. The P/S ratio is probably low because investors think this poor revenue performance isn't going to get any better. If you still like the company, you'd be hoping this isn't the case so that you could potentially pick up some stock while it's out of favour.</p>
<div class="lb-trans"><p>Lendlease Group 的表现可能更好，因为其收入最近一直在下降，而大多数其他公司则实现了正增长。市销率可能较低是因为投资者认为这种糟糕的收入表现不会有所改善。如果你仍然看好这家公司，你会希望这种情况不是事实，以便在它不受欢迎时能够买入一些股票。</p>
</div><p>If you'd like to see what analysts are forecasting going forward, you should check out our <strong>free</strong> report on Lendlease Group.</p>
<div class="lb-trans"><p>如果你想了解分析师对未来的预测，应该查看我们关于 Lendlease Group 的 <strong>免费</strong> 报告。</p>
</div><h2>Do Revenue Forecasts Match The Low P/S Ratio?</h2>
<div class="lb-trans"><h2>收入预测是否与低市销率相符？</h2>
</div><p>Lendlease Group's P/S ratio would be typical for a company that's only expected to deliver limited growth, and importantly, perform worse than the industry.</p>
<div class="lb-trans"><p>Lendlease Group 的市销率对于一家预计仅能实现有限增长的公司来说是典型的，重要的是，它的表现还低于行业水平。</p>
</div><p>Taking a look back first, the company's revenue growth last year wasn't something to get excited about as it posted a disappointing decline of 17%. The last three years don't look nice either as the company has shrunk revenue by 14% in aggregate. Accordingly, shareholders would have felt downbeat about the medium-term rates of revenue growth.</p>
<div class="lb-trans"><p>回顾一下，公司的收入增长去年并不令人兴奋，出现了令人失望的 17% 的下降。过去三年也不太好，因为公司总共缩减了 14% 的收入。因此，股东们对中期收入增长率感到沮丧。</p>
</div><p>Turning to the outlook, the next three years should generate growth of 5.5% per year as estimated by the seven analysts watching the company. With the industry predicted to deliver 11% growth per annum, the company is positioned for a weaker revenue result.</p>
<div class="lb-trans"><p>展望未来，七位分析师预计未来三年每年将实现 5.5% 的增长。由于行业预计每年增长 11%，该公司的收入结果将处于较弱的状态。</p>
</div><p>In light of this, it's understandable that Lendlease Group's P/S sits below the majority of other companies. Apparently many shareholders weren't comfortable holding on while the company is potentially eyeing a less prosperous future.</p>
<div class="lb-trans"><p>鉴于此，Lendlease Group 的市销率低于大多数其他公司是可以理解的。显然，许多股东在公司可能面临不太繁荣的未来时并不愿意持有股票。</p>
</div><h2>What Does Lendlease Group's P/S Mean For Investors?</h2>
<div class="lb-trans"><h2>Lendlease Group 的市销率对投资者意味着什么？</h2>
</div><p>Typically, we'd caution against reading too much into price-to-sales ratios when settling on investment decisions, though it can reveal plenty about what other market participants think about the company.</p>
<div class="lb-trans"><p>通常情况下，我们会警告在做出投资决策时不要过于依赖市销率，尽管它可以揭示其他市场参与者对公司的看法。</p>
</div><p>As we suspected, our examination of Lendlease Group's analyst forecasts revealed that its inferior revenue outlook is contributing to its low P/S. Right now shareholders are accepting the low P/S as they concede future revenue probably won't provide any pleasant surprises. It's hard to see the share price rising strongly in the near future under these circumstances.</p>
<div class="lb-trans"><p>正如我们所怀疑的，我们对 Lendlease Group 的分析师预测的审查显示，其较差的收入前景正在导致其低市销率。目前，股东们接受低市销率，因为他们承认未来的收入可能不会带来任何令人愉快的惊喜。在这种情况下，很难看到股价在短期内强劲上涨。</p>
</div><p>Before you take the next step, you should know about the <strong>3 warning signs for Lendlease Group</strong> (1 makes us a bit uncomfortable!) that we have uncovered.</p>
<div class="lb-trans"><p>在你采取下一步之前，你应该了解我们发现的 <strong>Lendlease Group 的 3 个警告信号</strong>（其中 1 个让我们有点不安！）。</p>
</div><p>If you're <strong>unsure about the strength of Lendlease Group's business</strong>, why not explore our interactive list of stocks with solid business fundamentals for some other companies you may have missed.</p>
<div class="lb-trans"><p>如果你对 Lendlease Group 的业务实力 <strong>不确定</strong>，为什么不探索我们互动的股票列表，寻找一些你可能错过的基本面扎实的其他公司呢？</p>
</div>

Lendlease 集团（ASX:LLC）的业务和股票表现仍然落后于行业水平