This Outperforms All Other Valuation Ratios (14 Year Back Test Result)

This Outperforms All Other Valuation Ratios (14 Year Back Test Result) by Tim du Toit, Quant Investing You know I am a big supporter of combining a few different valuation measures to find undervalued companies, as it helps you to find companies that are undervalued from different points of view, for example based on earnings and cash flow. The first such indicator I wrote to you about was the Value Composite One (included in the screener) developed by James O’Shaughnessy. But it has a problem The problem with the Value Composite One indicator is that it includes the Price to Book…