Value investing, focusing on understanding the underlying business and deciding whether a stock is cheap, fairly valued, or expensive, can be a successful strategy, but focusing solely on low prices can lead to misguided investing.

Equity Factor Investing: Value Stocks

Value stocks' systematic outperformance is primarily driven by the transitory component of their definition, rather than the structural component.

The Importance of Being Value

Value stocks have consistently outperformed growth stocks, with investors expecting higher returns from value stocks.

Investor Expectations and the Performance of Value Stocks versus Growth Stocks

Stock value is a combination of ontological and epistemological value, which is represented by stock price, and can undergo dynamic processes like bubbles and mean reversion when deviating from intrinsic value.

Economic Analysis of Stock Value

Value investing is a style of investing that focuses on buying or selling stocks based on perceived gaps between their current market price and their fundamental value, aiming to capture the long-term intrinsic value of a company's stock.

Value Investing: Bridging Theory and Practice

Value stocks generally outperform growth stocks in international markets, with value stocks outperforming growth stocks in most national markets and all firm capitalization-size categories except the smallest.

Growth versus Value and Large-Cap versus Small-Cap Stocks in International Markets

Value stocks outperform glamour stocks due to more positive earnings surprises, not risk-based explanations.

Good News for Value Stocks: Further Evidence on Market Efficiency

Value stocks earn higher returns due to greater investor disagreement about their future earnings growth compared to growth stocks.

Divergent Opinions and the Performance of Value Stocks

Value investing consistently outperforms growth investing, with behavioral considerations and the agency costs of delegated investment management being the main drivers of this performance gap.

Value and Growth Investing: Review and Update

Value stocks offer higher returns in the United States, Japan, Hong Kong, and Malaysia due to their higher risk characteristics, but not in high-growth markets like Taiwan and Thailand.

Risk and Return of Value Stocks

Value stocks consistently outperform growth stocks in major markets, with a two-factor model accounting for relative distress capturing the value premium.

Value Versus Growth: The International Evidence

Value investing's recent underperformance may be due to two factors: the HML book-value-to-price definition fails to capture intangible assets and valuations of value stocks relative to growth stocks have tumbled.

Reports of Value’s Death May Be Greatly Exaggerated

Golden Seed Wine's investment value can be determined using the price-to-earnings ratio, price-to-book ratio, and dividend discount model, providing a reference for long-term investment.

Investment Value Analysis of Listed Companies based on Stock Valuation Methods

Customer complaint has a stronger effect on a firm's stock value gap than customer satisfaction, with working capital and firm specialization also moderating these effects.

Satisfaction, Complaint, and the Stock Value Gap

Investment value is determined by five basic factors: current equity, risk, rate of return, capital employed, future capital, and investment horizon.

Investment Value and Security Analysis

Smaller firms have had higher risk-adjusted returns on average than larger firms, highlighting the need for a re-examination of the capital asset pricing model.

The relationship between return and market value of common stocks

Value Investing, as proposed by Warren Buffett, Benjamin Graham, and David Dodd, is a robust and effective stock investment strategy in the America stock market.

Value Investing Analysis Based on America Stock Market

Environmental performance negatively impacts firm value, while financial performance positively affects it in consumer non-cyclical companies on the Indonesia Stock Exchange.

The Influence of Environmental Performance and Financial Performance on Company Value

Value creation and valuation are crucial in corporate finance, investment analysis, and portfolio management, with key drivers being sales, costs, and investments.

Perspectives on value and valuation

Increased company value maximizes shareholder wealth and is linked to various financial management theories, such as Corporate Value, Market Value of the Firm Theory, and Diversified Portfolio Theory.

VALUE OF THE COMPANY : A Review of Literature

These studies suggest value stocks are those perceived to be undervalued based on their fundamental value compared to their current market price, often leading to higher long-term returns.