https://acquirersmultiple.com/2019/04/the-value-decile-of-portfolios-formed-on-p-cf-is-underperforming-the-glamour-decile-by-the-widest-margin-ever-going-back-to-1951-59/
Value portfolios formed on P/CF are underperforming glamour by the widest margin *EVER* going back to 1951 -- 59%