The Acquirer's Multiple ranks stocks by EV divided by Operating Earnings. Tobias Carlisle's research shows the cheapest decile returned 17.9% per year.

Deep value investing buys statistically cheap stocks far below tangible assets or earnings power. Learn the metrics, the research, and how to screen globally.

Ever wondered if the Acquirer’s Multiple still works? This article shows you a recent 2000 to 2022, a 23 year back test of the Acquirer’s Multiple. The results? Eye-opening. Simple, proven, and shockingly effective. See how it performed, and whether this system could be your edge in the stock market.