Value (low P/E)
The cheapest profitable companies measured by P/E.
How it works
Every month, buy the ten liquid, profitable companies with the lowest price relative to earnings in their latest annual report.
The idea
Cheap stocks have beaten expensive ones over long periods, as the market overreacts to bad news. Some are cheap for good reason: earnings about to fall, often in cyclical sectors.
Backtests are simulations on historical data, not investment advice. Past results don't guarantee future returns.