<p><strong>Lendlease Group</strong>（ASX:LLC）的市銷率（&#34;P/S&#34;）為 0.4 倍，相較於澳大利亞房地產行業，似乎現在是一個買入的好時機，因為該行業約有一半的公司市銷率超過 2.2 倍，甚至超過 5 倍的市銷率也相當普遍。然而，市銷率低可能是有原因的，需要進一步調查以確定這種情況是否合理。</p>
<p>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
<p>查看我們對 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 市銷率與行業比較 2026 年 1 月 22 日</p>
<h3>Lendlease Group 最近的表現如何？</h3>
<p>Lendlease Group 的表現可能更好，因為其收入最近一直在下降，而大多數其他公司則實現了正增長。市銷率可能較低是因為投資者認為這種糟糕的收入表現不會有所改善。如果你仍然看好這家公司，你會希望這種情況不是事實，以便在它不受歡迎時能夠買入一些股票。</p>
<p>如果你想了解分析師對未來的預測，應該查看我們關於 Lendlease Group 的 <strong>免費</strong> 報告。</p>
<h2>收入預測是否與低市銷率相符？</h2>
<p>Lendlease Group 的市銷率對於一家預計僅能實現有限增長的公司來説是典型的，重要的是，它的表現還低於行業水平。</p>
<p>回顧一下，公司的收入增長去年並不令人興奮，出現了令人失望的 17% 的下降。過去三年也不太好，因為公司總共縮減了 14% 的收入。因此，股東們對中期收入增長率感到沮喪。</p>
<p>展望未來，七位分析師預計未來三年每年將實現 5.5% 的增長。由於行業預計每年增長 11%，該公司的收入結果將處於較弱的狀態。</p>
<p>鑑於此，Lendlease Group 的市銷率低於大多數其他公司是可以理解的。顯然，許多股東在公司可能面臨不太繁榮的未來時並不願意持有股票。</p>
<h2>Lendlease Group 的市銷率對投資者意味着什麼？</h2>
<p>通常情況下，我們會警告在做出投資決策時不要過於依賴市銷率，儘管它可以揭示其他市場參與者對公司的看法。</p>
<p>正如我們所懷疑的，我們對 Lendlease Group 的分析師預測的審查顯示，其較差的收入前景正在導致其低市銷率。目前，股東們接受低市銷率，因為他們承認未來的收入可能不會帶來任何令人愉快的驚喜。在這種情況下，很難看到股價在短期內強勁上漲。</p>
<p>在你採取下一步之前，你應該瞭解我們發現的 <strong>Lendlease Group 的 3 個警告信號</strong>（其中 1 個讓我們有點不安！）。</p>
<p>如果你對 Lendlease Group 的業務實力 <strong>不確定</strong>，為什麼不探索我們互動的股票列表，尋找一些你可能錯過的基本面紮實的其他公司呢？</p>

<p>Lendlease Group（ASX:LLC）低至 0.4 倍的市銷率（P/S）表明，與澳大利亞房地產行業相比，該公司可能被低估，而該行業的市銷率通常超過 2.2 倍。然而，該公司的收入在去年下降了 17%，在三年內下降了 14%，導致市場前景悲觀。分析師預測年均增長率為 5.5%，遠低於行業平均水平的 11%。這一疲弱的收入預測導致了低市銷率，表明投資者對該公司的未來表現持謹慎態度</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）的市銷率（&#34;P/S&#34;）為 0.4 倍，相較於澳大利亞房地產行業，似乎現在是一個買入的好時機，因為該行業約有一半的公司市銷率超過 2.2 倍，甚至超過 5 倍的市銷率也相當普遍。然而，市銷率低可能是有原因的，需要進一步調查以確定這種情況是否合理。</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>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
</div><p>Check out our latest analysis for Lendlease Group</p>
<div class="lb-trans"><p>查看我們對 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 市銷率與行業比較 2026 年 1 月 22 日</p>
</div><h3>How Has Lendlease Group Performed Recently?</h3>
<div class="lb-trans"><h3>Lendlease Group 最近的表現如何？</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 的表現可能更好，因為其收入最近一直在下降，而大多數其他公司則實現了正增長。市銷率可能較低是因為投資者認為這種糟糕的收入表現不會有所改善。如果你仍然看好這家公司，你會希望這種情況不是事實，以便在它不受歡迎時能夠買入一些股票。</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>如果你想了解分析師對未來的預測，應該查看我們關於 Lendlease Group 的 <strong>免費</strong> 報告。</p>
</div><h2>Do Revenue Forecasts Match The Low P/S Ratio?</h2>
<div class="lb-trans"><h2>收入預測是否與低市銷率相符？</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 的市銷率對於一家預計僅能實現有限增長的公司來説是典型的，重要的是，它的表現還低於行業水平。</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>回顧一下，公司的收入增長去年並不令人興奮，出現了令人失望的 17% 的下降。過去三年也不太好，因為公司總共縮減了 14% 的收入。因此，股東們對中期收入增長率感到沮喪。</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>展望未來，七位分析師預計未來三年每年將實現 5.5% 的增長。由於行業預計每年增長 11%，該公司的收入結果將處於較弱的狀態。</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>鑑於此，Lendlease Group 的市銷率低於大多數其他公司是可以理解的。顯然，許多股東在公司可能面臨不太繁榮的未來時並不願意持有股票。</p>
</div><h2>What Does Lendlease Group's P/S Mean For Investors?</h2>
<div class="lb-trans"><h2>Lendlease Group 的市銷率對投資者意味着什麼？</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>通常情況下，我們會警告在做出投資決策時不要過於依賴市銷率，儘管它可以揭示其他市場參與者對公司的看法。</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>正如我們所懷疑的，我們對 Lendlease Group 的分析師預測的審查顯示，其較差的收入前景正在導致其低市銷率。目前，股東們接受低市銷率，因為他們承認未來的收入可能不會帶來任何令人愉快的驚喜。在這種情況下，很難看到股價在短期內強勁上漲。</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>在你採取下一步之前，你應該瞭解我們發現的 <strong>Lendlease Group 的 3 個警告信號</strong>（其中 1 個讓我們有點不安！）。</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>如果你對 Lendlease Group 的業務實力 <strong>不確定</strong>，為什麼不探索我們互動的股票列表，尋找一些你可能錯過的基本面紮實的其他公司呢？</p>
</div>

Lendlease 集團（ASX:LLC）的業務和股票表現仍然落後於行業水平