Value Stocks Trade At A 55% Discount To Expensive Stocks Based On P/B

During the past two weeks, there seems to have been a dramatic increase in the number of financial commentators predicting the return of value stocks  this year.

Value has underperformed growth since the financial crisis and the consensus seems to be that as the economy, and interest rates finally pull out of the post-crisis lull, value will return.

There’s plenty of evidence which shows that value stocks (defined as the companies with the lowest price to book ratios) outperform over the long term. However, since the financial crisis this value premium has disappeared. Value stocks have underperformed growth . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Opt out of occasional 3rd party offers

Congrats! Are you a smart person? We have a limited time offer for sophisticated and loyal readers like yourself.

Sign up today and get three months free

Use coupon code VIP19 or click on the button below

Limited time offer only expires 8/31/2019 or next 30 13 subscribers whichever comes first – please do not share this discount with others