L1 Long Short FundASX:LSF +0.66%61 PS Ratio is 3.27 as of Jun. 27, 2026, which is 51% below its 10-year median of 6.72. GuruFocus rates ASX:LSF with a GF Score™ of 61/100 and a GF Value™ of A$13.51 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,412 Asset Management companies, L1 Long Short Fund ranks better than 78.05% 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, L1 Long Short Fund's share price is A$4.61.
L1 Long Short Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$1.41. Hence, L1 Long Short Fund's PS Ratio for today is 3.27.
Warning Sign:
L1 Long Short Fund Ltd stock PS Ratio (=15.73) is close to 5-year high of 15.73.
The historical rank and industry rank for L1 Long Short Fund's PS Ratio or its related term are showing as below:
ASX:LSF'
s PS Ratio Range Over the Past 10 Years
Min: 2.02 Med: 6.72 Max: 238.18
Current: 3.27
During the past 8 years, L1 Long Short Fund's highest PS Ratio was 238.18. The lowest was 2.02. And the median was 6.72.
ASX:LSF's PS Ratio is ranked better than 78.05% of 1412
companies
in the Asset Management industry
Industry Median: 7.32
vs ASX:LSF: 3.27
L1 Long Short Fund Ltd revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of L1 Long Short Fund was 798.70% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -9.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 47.60% per year.
During the past 8 years, L1 Long Short Fund's highest 3-Year average Revenue per Share Growth Rate was 246.30% per year. The lowest was -27.80% per year. And the median was -9.20% per year.
Back to Basics: PS Ratio
L1 Long Short Fund (ASX:LSF) 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.
L1 Long Short Fund PS Ratio Related Terms
L1 Long Short Fund PS Ratio Historical Data
* Premium members only.
The historical data trend for L1 Long Short Fund'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, L1 Long Short Fund'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.
L1 Long Short Fund PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, L1 Long Short Fund's PS Ratio distribution charts can be found below:
* The bar in red indicates where L1 Long Short Fund'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.
L1 Long Short Fund's Share Price of today is A$4.61.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. L1 Long Short Fund's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2025 was A$1.41.
* 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:
L1 Long Short Fund (ASX:LSF) has a PS Ratio of 3.27 as of Jun. 27, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on L1 Long Short Fund and its competitors. This is 51% below median its historical median of 6.72. Over the past decade, L1 Long Short Fund's PS Ratio has ranged from 2.02 to 238.18. According to the industry distribution chart, L1 Long Short Fund ranks #310 out of 1412 companies in the Asset Management industry, placing it in the top 22%.
Is L1 Long Short Fund's PS Ratio too high?
L1 Long Short Fund's current PS Ratio of 3.27 is 51% below median its 10-year median of 6.72. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 238.18. The Asset Management industry median PS Ratio is 7.32. L1 Long Short Fund's value of 3.27 is 55.3% below this industry median. Based on the distribution chart, L1 Long Short Fund ranks #310 out of 1412 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, L1 Long Short Fund has a GF Score™ of 61/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does L1 Long Short Fund's PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, L1 Long Short Fund ranks #310 out of 1412 companies for PS Ratio. This places L1 Long Short Fund in the top 22% of its industry — outperforming the majority of peers. The industry median PS Ratio is 7.32. L1 Long Short Fund's value of 3.27 is 55.3% below this benchmark. Historically, L1 Long Short Fund's own PS Ratio has ranged from 2.02 to 238.18 over the past decade. While the company's 10-year median is 6.72 vs. the industry median of 7.32, L1 Long Short Fund has consistently been below 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 7.32, based on 1,412 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. L1 Long Short Fund's current PS Ratio of 3.27 is 55.3% below 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 L1 Long Short Fund and its competitors. For the Asset Management industry, the median PS Ratio is 7.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. L1 Long Short Fund's current PS Ratio is 3.27, which is 51% below median its own 10-year median of 6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is L1 Long Short Fund stock overvalued right now?
Based on GuruFocus' analysis, L1 Long Short Fund (ASX:LSF) is currently considered Significantly Undervalued. The stock's GF Value™ is A$13.51, compared to a current price of A$4.61 — trading 65.9% below its estimated fair value. The current PS Ratio is 3.27, which is 51% below median its 10-year median of 6.72 and 55.3% below the Asset Management industry median of 7.32. L1 Long Short Fund's overall GF Score™ is 61/100 with 4 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 L1 Long Short Fund (ASX:LSF), the current PS Ratio is 3.27 as of Jun. 27, 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 L1 Long Short Fund (ASX:LSF) Overvalued in 2026?
Based on GuruFocus' analysis, L1 Long Short Fund stock appears to be undervalued.
The current stock price of A$4.61 is trading 65.9% below its estimated GF Value™ of A$13.51.
GuruFocus considers L1 Long Short Fund to be Significantly Undervalued.
Key valuation signals for ASX:LSF:
PS Ratio: 3.27 (51% below median its 10-year median of 6.72)
GF Value™: A$13.51 vs. price of A$4.61 (65.9% below fair value)
Industry Position: 55.3% below the Asset Management median (#310 of 1412)
No single metric tells the full story. See the ASX:LSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
L1 Long Short Fund Ltd provides investors with access to an actively managed long and short portfolio of securities and the investment expertise of the manager. The company's investment process combines valuation with qualitative considerations to identify attractive investment opportunities. It operates in one industry, being the securities industry, deriving revenue from dividend and trust distribution income, interest income, and from the sale of its trading portfolio.
61GF Score
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