This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for London & Associated Properties's Median PS Value or its related term are showing as below:
LSE:LAS'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.18 Med: 0.34 Max: 0.46
Current: 0.18
During the past 13 years, the highest Price to Median PS Value of London & Associated Properties was 0.46. The lowest was 0.18. And the median was 0.34.
LSE:LAS's Price-to-Median-PS-Value is not ranked
in the Real Estate industry.
Industry Median: 0.86
vs LSE:LAS: 0.18
London & Associated Properties (LSE:LAS) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
London & Associated Properties's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.04
/
0.22
=
0.18
* 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.
London & Associated Properties Median PS Value Related Terms
London & Associated Properties Median PS Value Historical Data
* 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.
London & Associated Properties Median PS Value Chart
LSE:LAS vs CBRE, CSGP, BEKE: Median PS Value Comparison
For the Real Estate Services subindustry, London & Associated Properties's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
London & Associated Properties Price-to-Median-PS-Value vs Real Estate Industry
For the Real Estate industry and Real Estate sector, London & Associated Properties's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where London & Associated Properties's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.3333.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. London & Associated Properties's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2025 was £0.66.
* 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.
London & Associated Properties (LSE:LAS) has a Median PS Value of £0.22 as of Jun. 26, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on London & Associated Properties and its competitors. This is 35% below median its historical median of 0.34. Over the past decade, London & Associated Properties' Median PS Value has ranged from 0.18 to 0.46.
Is London & Associated Properties' Median PS Value too high?
London & Associated Properties' current Median PS Value of £0.22 is 35% below median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 0.46.
How does London & Associated Properties' Median PS Value compare to CBRE and CSGP?
London & Associated Properties' Median PS Value of £0.22 can be compared against companies in the Real Estate industry. The industry median Median PS Value is 0.86. Historically, London & Associated Properties' own Median PS Value has ranged from 0.18 to 0.46 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Real Estate company?
The median Median PS Value among Real Estate companies is 0.86, based on 1,090 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on London & Associated Properties and its competitors. For the Real Estate industry, the median Median PS Value is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London & Associated Properties's current Median PS Value is £0.22, which is 35% below median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London & Associated Properties stock overvalued right now?
London & Associated Properties (LSE:LAS) has a current Median PS Value of £0.22. The stock's GF Value™ is £0.10, compared to a current price of £0.04 — trading 60% below its estimated fair value. The current Median PS Value is £0.22, which is 35% below median its 10-year median of 0.34. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For London & Associated Properties (LSE:LAS), the current Median PS Value is £0.22 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.
London & Associated Properties Business Description
London & Associated Properties PLC is a property investment company specializing in retail. It directly owns a portfolio of shopping centres and other retail properties. The company also invests in joint ventures with institutional co-owners. Its business segments include LAP operations, Bisichi operations, which derive maximum revenue, and Dragon operations. LAP is focused on property activities, but it also holds and manages investments. Bisichi is a coal mining company with operations in South Africa and also holds investment property in the UK and derives income from property rentals. The Dragon Retail Property segment includes a property investment company and derives its income from property rentals. All the operations function through the UK region.
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