`ls | sort --time` is very close to `ls | sort LastWriteTime` which is how you would do it in PowerShell.

In PowerShell `ls` is only used for retrieving the filesystem objects (files and directories). It does not have options for sorting or formatting[1]

Sorting is generally handled by `sort` (alias for the Sort-Object cmdlet).

Formatting is generally handled by one of the format commands, like format-table (alias `ft`) or format-list (alias `fl`) or by converting into another format like e.g. json or xml through `convertto-json`.

I.e. if I want to display the full path of every file sorted by descending by last access, I would write:

    ls | sort -d LastAccessTime | select fullname

[1] except for the `-name` switch which is more of an optimization which only retrieves the local name as string objects.