value investing - Trading Studio (Page 3)

P/E mean reversion

P/E Mean Reversion in India: 11.14% CAGR Over BSE + NSE Data

We tested a sector-relative P/E mean reversion screen on 25 years of Indian stock data from BSE and NSE. The signal fires when a stock trades at a 40%+ discount to its sector peers on P/E, filtered for profitability and manageable debt. The strategy returned 11.14% annually

P/E mean reversion

P/E Mean Reversion on German Stocks: 10.39% CAGR With 36% Down-Capture

We tested a sector-relative P/E mean reversion screen on 25 years of German stock data from XETRA. The signal triggers when a stock's P/E ratio falls 40% below its sector median, filtered for quality. The strategy returned 10.39% annually vs 7.64% for the S&

Growth of $10,000 invested in the Low Debt Quality strategy vs S&P 500 from 2000 to 2025. Portfolio grew to $55,378, SPY grew to $65,869.

value investing

Low Debt Quality on US: Downside Protection Tested Over 25 Years

We screened all US stocks (NYSE, NASDAQ, AMEX) for low leverage and high financial quality using D/E < 0.5 and a Piotroski F-Score of 7 or higher, then held the portfolio annually for 25 years. The result: 7.09% CAGR vs 7.83% for SPY. The strategy trailed

Growth of $10,000 invested in the Low Debt Quality strategy on Indian stocks vs S&P 500 from 2000 to 2025. Portfolio (INR) grew to $267,803, SPY grew to $65,869.

value investing

Low Debt Quality on India: 14.05% CAGR and a -2.02% Down Capture Over

We ran a low-debt quality screen on BSE and NSE stocks from 2000 to 2025. D/E below 0.5, Piotroski F-Score of 7 or higher, annual rebalance in July. The result was 14.05% CAGR in Indian Rupees, against a 7.83% SPY benchmark. That's +6.22%

value investing

P/TBV Across 15 Markets: Where Hard Assets Pay Off

Eight of 15 exchanges beat the S&P 500 over 25 years using a Price-to-Tangible-Book strategy. The split isn't random. Tangible book works where physical and financial assets are the primary value driver: manufacturing, banking, energy, materials. It struggles where intangibles dominate: tech-heavy markets, pharma-heavy markets, conglomerate

value investing

P/TBV Strategy in Sweden: How Hard Assets Outran the S&P 500 Over 25

Swedish industrial companies, sorted by the ratio of market cap to tangible book value, returned 8.97% annually from 2000 to 2024, beating the S&P 500 by 1.14 percentage points. The strategy spent four years in cash at the start, which accidentally sidestepped the dot-com crash, and

value investing

P/TBV Strategy in Canada: 25 Years, 0.77% Annual Edge, and an Honest

Over 25 years on the Toronto Stock Exchange, a Price-to-Tangible-Book strategy returned 8.61% annually against SPY's 7.83%, a margin of 0.77 percentage points. That's the narrowest outperformance of any market we publish a dedicated blog for. Canada works, barely, and understanding why it

P/E Compression CAGR by Exchange: 19 markets from 2000-2025

value investing

P/E Compression Across 19 Markets: The Strategy That Works in the

We ran the same P/E compression screen across 19 exchanges globally: find stocks where the current annual P/E has compressed 15%+ below the company's own 5-year historical average, with fundamentals still intact. The results reveal a consistent geographic pattern that hasn't shown up this

P/E compression

P/E Compression: 9.97% CAGR Over 25 Years of US Stock Data

We tested a P/E compression mean reversion screen on 25 years of US stock data from NYSE, NASDAQ, and AMEX. The signal triggers when a stock's current P/E ratio drops 15% below its 5-year historical average, filtered for quality. The strategy returned 9.97% annually vs

P/E compression

P/E Compression in the UK: 9.02% CAGR with Defensive Characteristics

We tested a P/E compression mean reversion screen on 25 years of UK stock data from the London Stock Exchange. The signal triggers when current P/E drops 15% below the 5-year average, filtered for quality. The strategy returned 9.02% annually (GBP-denominated returns) vs 7.64% for SPY

Growth of $10,000 invested in P/E Compression Screen (LSE) vs S&P 500 from 2000 to 2025

value investing

P/E Compression on the London Stock Exchange: 9.02% CAGR with 60%

We ran our P/E compression screen on the London Stock Exchange for the first time: 25 years of data, 2000-2025, annual rebalancing. The strategy returned 9.02% annually vs 7.64% for the S&P 500. The outperformance is +1.38% per year. The more interesting number: during

Growth of $10,000 invested in P/E Compression Screen on Thailand SET vs S&P 500 from 2000 to 2025

value investing

P/E Compression in Thailand: Borderline Outperformance, Extraordinary

We ran the P/E compression screen on the Stock Exchange of Thailand (SET) for 25 years, 2000-2025. The strategy returned 7.87% annually vs 7.64% for the S&P 500. That's +0.23% per year, barely outperforming. But the down capture of 35.7% is