…overall market. BBD’s P/CF of 1.87 meets the bottom 20% criterion (below 5.92) and therefore passes this test. PRICE/BOOK (P/B) VALUE: [FAIL] The P/B value of a company should…
Search Results for: value
Quantitative Model Exploits Market Inefficiencies for Above-Benchmark Returns
…price-to-book ratio) into a “price to intrinsic value” factor. The raw value is compared to peers to produce a standard-deviation-based score, which is then evaluated over time to provide both…
The Value of Investing in International Stocks
How much international equity exposure investors should have is an age-old question that is often debated. According to this article by Robert Stepleman, the data suggests that carefully investing in…
Generating Alpha by Focusing on Active Fund Managers
…this with three core beliefs,” Miller said, “active fund managers can add value; we can identify those managers in advance; and they will continue being successful.” The complex process starts…
Contrasting Buffett’s New & Old Value Investing Styles -- Cigar Butt vs. High Quality.
…new Buffett approaches are types of value investing but they differ in key ways. The early-career Buffet followed the advice of his professor and the father of value investing, Ben…
Contrasting Buffett’s New & Old Value Investing Styles -- Cigar Butt vs. High Quality.
…new Buffett approaches are types of value investing but they differ in key ways. The early-career Buffet followed the advice of his professor and the father of value investing, Ben…
Quality Matters for Small Cap Investing
Cheap stocks with higher return on equity and lower leverage have outperformed other small stocks, based on comparing the portfolios of deep value small-cap funds (such as Aegis Value, down…
Value Investing Advice: Take Time Out for “Calm Contemplation”
Value investor and author Guy Spier discusses his philosophy on investing, which includes taking a long term perspective, not reacting to news and pundit predictions and keeping an arm’s length…
High Conviction Buybacks = Superior and Consistent Long Term Returns
…year), but that high conviction share repurchases typically take place when the stocks of the companies present more value (value in this case is defined as a value factor using…
Is it Time for Value Stocks to Shine?
The relative underperformance of value stocks (low P/E, low P/B) stocks could come to an end soon according to this Barron’s piece. While growth stocks typically outperform value in periods…