Chart of the Week

Global Value Stocks Relative Valuation

Value stocks remain near their highest historical discount relative to growth stocks

August 23, 2024

Value outperformance relative to the broad market (MSCI World Value vs. MSCI World) in recent years did little to close the valuation gap between value and growth, which remains attractively wide, in our opinion. Historically, such valuation gaps preceded appealing returns for value relative to the broad market.

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