London City EquitiesASX:LCE 72 PS Ratio is 13.49 as of Jun. 30, 2026, which is 39% below its 10-year median of 22.11. GuruFocus rates ASX:LCE with a GF Score™ of 72/100 and a GF Value™ of A$1.08 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,406 Asset Management companies, London City Equities ranks worse than 70.34% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, London City Equities's share price is A$0.85.
London City Equities's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.06. Hence, London City Equities's PS Ratio for today is 13.49.
The historical rank and industry rank for London City Equities's PS Ratio or its related term are showing as below:
ASX:LCE'
s PS Ratio Range Over the Past 10 Years
Min: 10.19 Med: 22.11 Max: 36.25
Current: 13.49
During the past 13 years, London City Equities's highest PS Ratio was 36.25. The lowest was 10.19. And the median was 22.11.
ASX:LCE's PS Ratio is ranked worse than 70.34% of 1406
companies
in the Asset Management industry
Industry Median: 7.36
vs ASX:LCE: 13.49
During the past 12 months, the average Revenue per Share Growth Rate of London City Equities was 186.40% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 32.90% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 17.40% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 6.30% per year.
During the past 13 years, London City Equities's highest 3-Year average Revenue per Share Growth Rate was 195.10% per year. The lowest was -190.40% per year. And the median was 5.55% per year.
Back to Basics: PS Ratio
London City Equities (ASX:LCE) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
London City Equities PS Ratio Related Terms
London City Equities PS Ratio Historical Data
* Premium members only.
The historical data trend for London City Equities's PS 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.
For the Asset Management subindustry, London City Equities's PS Ratio, along with its competitors' market caps and PS 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.
London City Equities PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, London City Equities's PS Ratio distribution charts can be found below:
* The bar in red indicates where London City Equities's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
London City Equities's Share Price of today is A$0.85.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. London City Equities's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.06.
* 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:
London City Equities (ASX:LCE) has a PS Ratio of 13.49 as of Jun. 30, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on London City Equities and its competitors. This is 39% below median its historical median of 22.11. Over the past decade, London City Equities' PS Ratio has ranged from 10.19 to 36.25. According to the industry distribution chart, London City Equities ranks #989 out of 1406 companies in the Asset Management industry, placing it in the top 70.3%.
Is London City Equities' PS Ratio too high?
London City Equities' current PS Ratio of 13.49 is 39% below median its 10-year median of 22.11. Over the past 10 years, this metric has ranged from a low of 10.19 to a high of 36.25. The Asset Management industry median PS Ratio is 7.36. London City Equities' value of 13.49 is 83.3% above this industry median. Based on the distribution chart, London City Equities ranks #989 out of 1406 companies in the Asset Management industry, which is below the industry midpoint. Overall, London City Equities has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does London City Equities' PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, London City Equities ranks #989 out of 1406 companies for PS Ratio. This places London City Equities in the lower half of its industry. The industry median PS Ratio is 7.36. London City Equities' value of 13.49 is 83.3% above this benchmark. Historically, London City Equities' own PS Ratio has ranged from 10.19 to 36.25 over the past decade. While the company's 10-year median is 22.11 vs. the industry median of 7.36, London City Equities has consistently been above 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 PS Ratio for an Asset Management company?
The median PS Ratio among Asset Management companies is 7.36, based on 1,406 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. London City Equities's current PS Ratio of 13.49 is 83.3% above 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on London City Equities and its competitors. For the Asset Management industry, the median PS Ratio is 7.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London City Equities's current PS Ratio is 13.49, which is 39% below median its own 10-year median of 22.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London City Equities stock overvalued right now?
Based on GuruFocus' analysis, London City Equities (ASX:LCE) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.08, compared to a current price of A$0.85 — trading 21.3% below its estimated fair value. The current PS Ratio is 13.49, which is 39% below median its 10-year median of 22.11 and 83.3% above the Asset Management industry median of 7.36. London City Equities' overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For London City Equities (ASX:LCE), the current PS Ratio is 13.49 as of Jun. 30, 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.
Is London City Equities (ASX:LCE) Overvalued in 2026?
Based on GuruFocus' analysis, London City Equities stock appears to be undervalued.
The current stock price of A$0.85 is trading 21.3% below its estimated GF Value™ of A$1.08.
GuruFocus considers London City Equities to be Modestly Undervalued.
Key valuation signals for ASX:LCE:
PS Ratio: 13.49 (39% below median its 10-year median of 22.11)
GF Value™: A$1.08 vs. price of A$0.85 (21.3% below fair value)
Industry Position: 83.3% above the Asset Management median (#989 of 1406)
No single metric tells the full story. See the ASX:LCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
London City Equities Ltd is a holding company engaged in investing in Australian equities with market shares and offering growth. The company focuses on providing shareholders with attractive investment returns over the medium to longer terms by enhancing capital growth and paying dividends that, over time, grow faster than the rate of inflation. Its operating segments are Equity Investment, which is the company's key revenue-generating segment, and Other.
72GF Score
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