No, as has been said above, the 1.5 is the (approximate) crop factor.
Have a look here for specs: http://www.sony.fr/support/fr/produc...specifications:
lens 14,3 - 71,5mm (35mm eq.: 24 - 120), F2,8 - 4,8
sensor size: 21,5 x 14,4 mm
So that lets us calculate a crop factor of 1.66-1.68 (by focal length) or 1.67 (from sensor size)
That said, the lens can get much closer to the sensor than in a DSLR, as there's no mirror to be taken into account. That might make it a lot easier to build a distortion-
free lens with a nice zoom range. 1.5 or even 6 mm lens-sensor distance would be pushing it with a sensor of 21×14 mm, though...